Friday, February 13, 2009

Will the Stimulus Help or Hurt Short Sales?

This Stimulus Bill seems to change by the minute so you'll have to stay tuned to see what is finalized in the Bill concerning the housing market and how it will affect Short Sales.

The last I heard was not good news for the distressed homeowners or their lenders. Forget the BIG $15,000 tax credit for home buyers. Looks like that's been reduced to almost half and likely to be for first timers anyway.

So what does that mean for the future of Short Sales? Looks like the future is bright for investors but unfortunately no so for the distressed homeowner...or the health of the economy.

If interested in learning how to do Short Sales check out these:
SHORT SALES ON VIDEO AND MORE.

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