I heard on the news some banks are holding off forclosing until March 6th...So is the news in Washington

Asked by Jilly, Morro Bay, CA Fri Feb 13, 2009

good news or bad for us wanting to sell our homes?

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Bob Phillips, Agent, Rancho Santa Margarita, CA
Sun Feb 15, 2009
It looks favorable for it to be passed in a couple of weeks, now that the Stimulus Package has also been passed.
0 votes
Bill Eckler, Agent, Venice, FL
Sat Feb 14, 2009
Jilly,

It's too soon to tell........never have so many, waited so long, for such important information...........

Let's hope it's POSITIVE......
0 votes
Leonardo Mon…, Agent, Rancho Mirage, CA
Sat Feb 14, 2009
Good news for sure.
If the "package" lives to its expectations then we should see in the near future a price stabilization, which for you being a seller is good news.
Cheers
Web Reference:  http://www.leonardoteam.com
0 votes
Bob Phillips, Agent, Rancho Santa Margarita, CA
Sat Feb 14, 2009
Hi Jilly - it depends on the lender, but check out my blog about the moratorium in the Orange County, CA blog section: http://www.trulia.com/blog/bob_phillips/2009/02/new_foreclos…
Web Reference:  http://BobPhillips.net
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