Something To Do Before Considering a Short Sale

It seems like a people in a distressed financial situation with their homes, first turn to their bank for help.  Generally, they get no or little response.  As part of the Obama Administration’s Financial Stability Plan, there’s a website with a lot of information for consumers, MakingHomeAffordable.gov  Not all loans qualify for some of the programs just Freddie Mac and Fannie Mae owned or financed loans, but it does have other important information.  You can find out if you loan qualifies and if it does, some directions to look, even Loan Counselors in your area.

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