President Obama refuses to sign foreclosure bill that could shield mortgage processors from liability
Botched paper work and loose notarization is one thing - but the freeze on foreclosures does shed some light on part of the problem. It's like a monkey wrench thrown in...
This may provide a little more time for homeowners to recover or find a buyer to help get out of a bad situation... Or will the reverse happen? Will more upside down homeowners think this is right time to stop paying without looking for the proper help?
All to often, it appears easier on the cover to run from the stigma of short sale but I hope home owners will take this time to save their credit (err... stop a foreclosure from appearing on their credit) and reach out for help and consider a short sale.
Robert Jarvis
Keller Williams Realty
773-572-2362
RobertJarvis@AnOpenHome.com
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