Homeowners if you are facing foreclosure, DO NOT just walk away consider a SHORT SALE.  Wachovia bank is quietly offering homeowners a cash incentive to pusue a short sale instead of foreclosure.  This is being done without much fanfare and without much press.  Currently Wachovia is the ONLY bank I am aware of that is considering this option and as far as I can tell is only being done is California.  However, I would expect multiple lenders to follow and this to be available for Maryland Short Sales soon.  As I wrote previously, the Treasure Dept. is finalizing a plan that will provide the same type of compensation. View the entire article on Wachovias’  short sale plan .

Upside down in your mortgage, behind on payments contact us today for a free short sale evaluation.  You can also find us on Facebook.