The HAFA program started the ball rolling.   Monies back to sellers who defaulted on their loans?  Covers some of the moving expenses.   Not a bad idea.  Saved the banks thousands of dollars in legal fees, market decreases, foreclosure costs. FHA followed with some of their programs, giving the seller up to $1000 to cover some of the moving expenses.   Now comes along Chase, who actually sends a form letter to many homeowners who are now facing default, offering up to $35,000 (and yes, you read that correctly and I typed it correctly) to homeowners who willingly participate in a short sale.   I think I am correct in stating that the banks now finally realize that a short sale is the answer to resolving some of the real estate madness created by the lending frenzy in the early 2000s.  

If you are facing foreclosure, missing payments, please realize there are options available.  Call me for additional information.

Dianne Mattiace,  Realtor    

CDPE  Certified Distressed Property Expert

Balistreri Realty, Inc.

Direct  Line  954-691-1880

www.DianneHelps.com