Arizona trying new ways to assist homeowners - Of the $268 million allotted to the state since 2010, only about $4 million has been spent as of this week. Last week, officials launched a program to use the funds to help borrowers complete short sales. The state agency is now offering homeowners $4,500, plus money to pay closing costs such as the real-estate agent's fee, if they work with their lender to complete a short sale. It started taking applications for its short-sale assistance last week, and several real-estate agents already have made inquiries. Read article:
http://www.azcentral.com/arizonarepublic/news/articles/2011/09/30/20110930arizona-trying-new-ways-assist-homeowners.html
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