Sellers there is some new recent help to avoid foreclosures. There is now some reason to sell your home with a short sale. You can make at least $2500 even when you cannot payoff your mortgage. The U.S. Department of the Treasury Secretary Geithner announced details on the expansion of the Making Home Affordable program to include short sales under the new Foreclosure Alternatives Program. Financial incentives for servicers include $1,000 ("success fee") for a successful short sale, and borrowers may receive up to $1,500 to assist with relocation expenses.  Fannie Mae-backed loans now guarantee a reasonable sales commission on all closed short sales. This gives reason for agents to show and sell your home and makes your property much more marketable.

Please contact Joanna Keskitalo at 864-329-6639 or joannak@kw.com. I have become an expert in distressed properties and work closely with many banks. Let me help to get your home SOLD and to make you a little cash along the way!!