Tuesday Quick Takes: Lenders offering short sale incentives

Short sale incentives
The increase in short sales has spurred another trend: more banks are offering borrowers incentives to  complete short sales as an alternative to foreclosures, USA Today reports.

Chicago: No. 1 and holding
Chicago held onto its spot as the most searched housing market on Realtor.com in January.

McHenry County REALTORS® urge awareness of FHA condo rules
Mortgages backed by the Federal Housing Administration (FHA) make up a big share of today’s market, including condominiums, and it’s important that condo associations know the guidelines for FHA certification. Read the full story in the McHenry County Business Journal.

 

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