Program Will Pay Homeowners to Sell at a Loss $1,500 to sell for less than the mortgage balance, along with incentives for banks

Program Will Pay Homeowners to Sell at a Loss $1,500 to sell for less than the mortgage balance, along with incentives for banks.

Taking effect on April 5, 2010 the program could encourage hundreds of thousands of delinquent borrowers who have not been rescued by the loan modification program to sell their houses through a process known as a short sale, in which property is sold for less than the balance of the mortgage.

CLICK HERE to take advantage of the new Short Sale Incentives for selling your House......