I love this! ARMLS, Arizona Multiple Listing Service, is always coming up with new ideas. The latest is a way to work with the banks and short sales by having an approval process entitled: "Fannie Mae Pre-Approved" Short Sale. Hopefully this will eliminate or at least modify some of the ridiculous hoops and mazes we, as a Realtor, are faced with when we either choose to represent the Seller, or to help a Buyer purchase a Short Sale. This is a tough time for Sellers who are faced with a Short Sale, and the less stress for them, the better.
I've included a view of the proposal to enable everyone to understand the new Pilot Program. I, for one, am all for it. AND HERE is the link for the Frequently Asked Questions!
Mesa, Arizona Real Estate. Call me at: 480.216-3334 for information on purchasing or selling a home in Mesa, Arizona or surrounding towns. OR email me: Teri@TeriEllis.com. Feel free to visit one of my websites: HomesAzRE.com, MoveToMesaAz.com or MoveToSunnyAz.com. Or stop by my blogs at: Active Rain; or Phoenix Valley Real Estate Blog