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Wednesday, August 1, 2012

West Sacramento Short Sale Information and New Fannie Mae Help Website

Today let’s talk about the new Fannie Mae Consumer Help website.


Just recently Fannie Mae launched their new Consumer Help website. You can visit by going to www.knowyouroptions.com . I spent some time reviewing the information on the new Fannie Mae site and found it beneficial for most West Sacramento homeowners with Fannie Mae loans who are looking for foreclosure alternatives.

The new Fannie Mae site takes West Sacramento Homeowners through loan modification, gives referrals for housing counselors, offers videos and instruction and reviews Deed in Lieu of Foreclosure and West Sacramento Short Sale as well.

They have two major tabs. Options to stay in your West Sacramento home and Options to leave your West Sacramento home. I think both are pretty well written and informative.

What is most important to remember is, Fannie Mae does not do principle reductions. Period. If you are 20, 30 or even 40% or more upside down in your West Sacramento mortgage, chances are good you will never own your home.

With the Mortgage Relief Act of 2007 expiring at the end of this calendar year, the window to avoid all liability for the unpaid balance and debt forgiveness is quickly closing. The time to call is now before it is too late. Learn your options while the choice is still yours

Is a West Sacramento Short Sale Right for Me? To get a better idea of when your West Sacramento home will be worth what you owe, log in to www.shortsaleandloanmod.info for a free estimate or call me today for a free no obligation consultation or for the latest West Sacramento short sale information. Call me today and sleep better tonight; you’ll be glad you did

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