Tuesday, September 28, 2010

New Short Sale Bill Submitted to Congress

If the Investors holding the notes came to their “common senses” then this new H.R. 6133 bill would work…….the hold up is at the investors level..PERIOD!!!!   Tackle that one please!   

U.S. Representative Robert Andrews (D-N.J.) and Tom Rooney (R-Fla) offered up new legislation to Congress last week. H.R. 6133, "Prompt Decision for Qualification of Short Sale Act of 2010," is an effort from Congress to help keep potential buyers from walking away from short sales, simply because lenders take months to respond to their offers.  Read on this new Bill:  Realty Times - New Short Sale Bill Submitted to Congress

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