Thursday, January 27, 2011

Loan Modifications Not Working - Surprise!


This comes as no surprise in our office that Loan Modifications have had an anemic impact on this market. There's lots of reasons; far too many for this blog report. But needless to say, short sales are another alternative. Please read the article, and feel free to call me for further details.

http://www.dsnews.com/articles/tarp-inspector-generals-report-says-hamp-is-failing-2011-01-26

For more information on real estate in the Salem, OR area, visit my website at www.amymcleod.net