get approved with fannie mae: HOME TELOS FIRST PRESTON FANNIE MAE APPROVED SHORT SALE - 10/07/09 06:02 PM
 
 
There are so many great things to say about the Loan Exit Option program, I don't know where to begin. So I will start from the beginning.  Traditional short sales on average take 60 days before a negotiator is assigned to the file. Then an additional 60 days and multiple BPO's before an approval is rendered. By this time buyers are frustrated, sellers are discouraged and the property may or may not be on the chopping block to be sold on the court house steps. Good luck trying to get it postponed if you haven't been assigned a negotiator, … (2 comments)