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Short Sale response time guidelines

June 12, 2012

The FHFA (Federal Housing Financial Agency) will require Fannie Mae & Freddie Mac to give short sale buyers an approval in 60 days. They will also have to repsond to buyers within 30 days. The requirement goes into effect June 15th. This will lessen the risks for buyers not having to wait months on a response from the bank. Good news for short sales!

If you’re looking for a home in Orange County CA, I can help!
Patti Gregory
DRE #01182154
714-398-1998
pattig503@yahoo.com

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From → Buyers, Sellers

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