Premier Real Estate Attorneys

New Fannie/Freddie Regulation

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03

Mar 2014
 
The latest Fannie Mae/Freddie Mac article in the Herald Tribune is really getting clients buzzing with anticipation by stating “Starting June 15, the Federal Housing Finance Agency, which regulates both Fannie Mae and Freddie Mac, will require both agencies to give short-sale buyers final decisions within 60 days.” Clients who know that Fannie or Freddie own their loan have high hopes about obtaining their short sale approval quickly. contract comes in on a listed property, our in-house nego...Read More

Don’t Forget the Buyers…

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Posted by: admin

28

Feb 2014
These days, a good portion of us are spending our time working through short-sale transactions. The majority of this time is spent working the transaction from the seller’s perspective (contract, value, financials, deficiency, etc). However, it has been my experience that the buyer is frequently an overlooked party to this transaction. Accordingly, the following are a few suggestions for simple ways to keep the buyer happy and involved in the transaction. it has been my experience that the buy...Read More

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