SellingNorthernNV

Quality Real Estate News and Market Data

Rising Short Sales on the Market, and the Challenges they present

Josh Talayka | December 3, 2009

It’s no secret that short sale listings have drastically increased in very little time. This increase can be blamed on a number of factors: rising unemployment, decline in home values, resetting ARMs, and the list can go on. What ever the cause, it appears as though Short Sale listings are going to be around for some time to come, and both consumers and agents should be aware of the challenges associated with them.

Fannie Mae Confirms its Short Sale Commissions Policy

Josh Talayka | December 3, 2009

Fannie Mae has reconfirmed its short sale commission policy with the NAR

Freddie Mac confirms its Short Sales Commission Policy

Josh Talayka | December 3, 2009

Freddie Mac confirmed that its servicers are not allowed to renegotiate short sales commissions in writing on August 20, 2009