Short Sale your rental properties.
This is good news to the small investor who is underwater on their rental homes.
Changes to HAMP - Good news for the small investor.
The Obama administration announced changes to its flagship foreclosure prevention initiative – the Home Affordable Modification Program (HAMP). Now borrowers who are struggling because of debt beyond their mortgage will be eligible for a secondary evaluation with more flexible debt-to-income criteria.
Eligibility will be extended to investor-owned homes that are used as rental properties. The administration is also giving principal reductions a bigger role within the HAMP program, tripling incentives for investors that agree to write down an underwater borrower’s principal balance and offering these same incentives to the nation’s two biggest mortgage investors – Fannie Mae and Freddie Mac.
at your service,
by Sidney Kutchuk AKA...Cyber Sid
SHORT SALE AGENT www.aShortSale.com
CALL ME, 951.217-6745 cell
41720 Winchester Rd #I Temecula Calif. 92590 951.676-4663 DRE# 01156692 
Personally, I think some basic management courses should be tied to any principal write-down as many DIY landlords do it to themselves do not know the basics of being a landlord and are over their heads..
Your blog has some good information on it. I will check back frequently for more informative information. http://www.CravensRealtyGroup.com
Your blog has some good information on it. I will check back frequently for more informative information. http://www.CravensRealtyGroup.com
Hi Sidney!
Thank you for sharing this knowledgeable blog.Best of wishes to you and keep up the Good work in being the best Temecula Short Sale Agent.
Jennifer Manchester
Suburban Properties of Charlotte, LLC.<a href=" http://www.jennifermanchester.com/">Charlotte Short Sale Agents</a>
Sidney,This is good information for those looking for this segment.Thanks for the taking time in sharing a great blog like this! This is definitely very useful to all the homeowners. You are definitely a finest Temecula Short Sale Agent.