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Table of Contents

I. Introduction

II. Dissection of a Short Sale

III. Confidentiality Issues

IV. When is Ratification?

V. Escrow Handling

VI. Commission Handling

VII. MRIS Policy

VIII. Short Sale Credit Impacts

IX. Presenting Offers

X. Forms

Appendices

Recent Updates
Additional Information

Contact Us if you have any further questions regarding the Guide.

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Visit The Code Is Good Business Web site for valuable information.

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Resources

NEW! NAR Releases an article Explaining the FTC Guidelines on Short Sales & "Mortgage Relief Counseling"

NEW! NAR creates a video to help Realtors understand the HAFA and HAMP programs.

NEW! HUD takes RESPA to YouTube. This three part video is geared towards consumers but provides easy to understand RESPA basics. A good refresher for everyone!

RESPA Quiz

Field Guide to Foreclosures

Federal government’s new website in refinancing or modifying a loan
Associations

The following Realtor® participate in the Ethics Dialogue Group: