Many homeowners who were faced with foreclosure and wanted to do a short sale had to wait months before their lender would give them a final decision on whether their short sale would be accepted. Now with the new short sale rules from the Home Affordable Foreclosure Alternatives or... Read more

Last year, the government instituted the Making Home Affordable program by which you could more easily refinance or modify a mortgage which had become unaffordable for you. This year, the government has also added a program to help you short sale your home or offer the lender a deed-in-lieu of foreclosure.

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