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All Posts Tagged Tag: ‘Notice of Default’

The Standardized Short Sale / HAFA II

Fhfa

Are you prepared for the new changes? The Federal Housing Finance Agency has directed Fannie Mae and Freddie Mac to align existing short sales programs into one standard short sale program and issue clear guidelines to mortgage servicers.  With  these  changes,  Fannie  Mae  and  Freddie  Mac  will  allow  homeowners  with eligible hardships to sell their home in a short sale …

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Eminent Default in Short Sales

Do you have short sale listings but hate to deal with Banks?

Eminent Default in Short Sales Real Estate Agents-Do you have Short Sale Listings but Hate to Deal with Banks The new Standardized Short Sale Program AKA HAFA II effective 11-1-2012 Changes everything. Sellers no longer have to be in default to qualify for a short sale. They simply need to be in Eminent default. So what does Eminent Default mean? …

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