New Fannie And Freddie Guidelines Can Result In Faster Short Sales For Further Homeowners

Hello everybody my name is Matt Fetick, :k1:’s short sale specialist, thank you for your time today. I work with Keller Williams Realty within the :k1: area and use this weblog to share useful data with :k1: householders who could also be fascinated with a short sale. If your mortgage is underwater or if you are having trouble making your payments please take a minute to browse my website or call me in the present day to be taught more about your options.

For my weblog immediately I wanted to talk with :k1: homeowners who have their mortgage backed by Fannie Mae or Freddie Mac in regards to the opportunity to complete a short sale. Recently Fannie and Freddie announced new guidelines stating that householders with a significant hardships do not even have to be in default to short sale their home. In other words, if you are presently going through a divorce, have lost your job or experienced a decrease in income you may sell your distressed property with out missing any payments. There are certainly risks concerned with being late on your mortgage and the negative affect to your credit should at all times be avoided. It is a great profit to :k1: householders who have seen the equity in their residence disappear over the last few years. Thankfully eighty five percent of all mortgages in America are owned by Fannie Mae or Freddie Mac which means you’ve an excellent opportunity to sell your home now.

So if you’re able to short sale your :k1: property please fill out a contact form on my website or call me directly to get started. On my web site you may as well find our Short Or Stay Calculator that can help you decide if a short sale is your best option. Thank you for your time at present and I look forward to helping you in the future with all of your :k1: real estate needs.

For more information on short sales and how to avoid foreclosure, visit the Sold By Short Sale blog or you can also contact the Matt Fetick team and get started today.

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