A reader of my homebuying website on About.com wrote to me this morning to ask about Fannie Mae HAFA short sales. He wondered if they had expired, and sure enough, they have. There is a little exception that if you started a Fannie Mae HAFA short sale prior to December 31, you have until September of this year to close it, which is probably not enough time to get a Fannie Mae HAFA short sale closed, if you want to know the absolute truth.
I say it is a blessing that Fannie Mae HAFA short sales are over. I think we should shoot off fireworks and celebrate. But there are other changes underfoot at Fannie Mae. Yup, no grass grows under the feet of Fannie Mae.
Read more on my personal blog today about Changes at Fannie Mae Affect Short Sales and REOs.
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