Wednesday, June 12, 2013

West Sacramento Short Sale Information - Fannie Mae Short Sale Process Improvements

Mike Rigley Certified Default Advocate, Distressed Property Expert and your short sale specialist here thank you for joining us.



Process Improvements. Fannie Mae just announced that they are stepping up their efforts to improve the Fannie Mae Short Sale process. Jay Ryan, VP for Fannie Mae Real Estate Sales recently stated that “Fannie Mae recognizes the very important role real estate professionals play in the short sale process and we want to work closely with them to get short sales done.”

With that said Fannie’s new program allows West Sacramento Short Sale Specialists to register their offer with Fannie Mae at the same time they submit the offer to the servicer. Fannie Mae is also asking the Short Sale Agent to basically submit the complete West Sacramento Short Sale package to them as well. Their thought being the more information they have upfront the sooner they can make a decision and move the file forward.

All indications are that Fannie Mae is pushing hard for delinquent borrowers to complete a West Sacramento Short Sale or Deed in Lieu this calendar year if possible. Our sources say that this year will be short sales but next will be foreclosure. Good to know if you are hopelessly underwater.

Is a West Sacramento Short Sale Right for Me? Give me a call and let’s find out. We also offer a short sale lease back program for those who qualify allowing you to short sale and stay in your home. Call me for details

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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