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Program Will Pay Homeowners to Sell at a Loss


               
2010 Mar 8, 6:45am   6,109 views  25 comments

by shultzie   follow (0)  

http://www.nytimes.com/2010/03/08/business/08short.html?srsch&pagewanted=all 

 This latest program, which will allow owners to sell for less than they owe and will give them a little cash to speed them on their way, is one of the administration’s most aggressive attempts to grapple with a problem that has defied solutions.

huh?

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1   shultzie   @   2010 Mar 8, 7:07am  

okay let me elaborate on my own post -

"Huh?" as in "They are PAYING people to short sell a house?" As if getting out of the mortgage for much less than they owe isn't incentive enough?

Am I in crazy land???

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