There has been some talk about a new FHA guideline that allows short sellers to re-purchase a home providing they were never late on the payments from the loan they sold short. Lets take a look at the actual text from the FHA guidelines: 1. Borrowers are NOT eligible for new FHA financing if they [...]

This post courtesy Bankrate.com & CNBC.com (portions edited) HAFA SHORT SALE RULES MAY HELP SELLERS By Michele Lerner • Bankrate.com Homeowners struggling to sell their homes in a short sale are getting some relief, thanks to the federal government’s Home Affordable Foreclosure Alternatives, or HAFA, program. Up to now, many short sales — in which [...]

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Published : Tuesday, 16 Feb 2010, 8:37 PM MST and aired on FOX10 News. CHANDLER — You often hear about people ripping items out of foreclosed homes. Now a Chandler man has been arrested for it. Police say 35-year-old Daniel Clark removed two air conditioning units, a water heater, a water softener, doors, toilets, sinks, [...]