New federal program to help "short-sale" sellers-pay them to sell.

It might sound crazy but the Federal Government is trying to help the country get through the housing mess. They plan to pay a sum of $1,500 to a seller to help them get their house sold while forgiving the dept (I'm very skeptical that banks will actually forgive the debt 100%) so the house will not sit vacant and potentially get ransacked, thus lowering the value of that home and those in the area as well. The government should push banks to quicken the short-sale process so buyers will be encouraged to buy these properties and get more inventory off the market. Click here to see the entire Seattle Times/The New York Times article on the federal plan.