fannie mae: Do You Qualify For A Deed-for-Lease? - 08/12/10 03:48 PM
Read Allan Pape's post today Are You Considering Walking Away From Your House Then You Have Got To Know Your Options  that mentioned the Fannie Mae site http://knowyouroptions.com which provides information on options for homeowners who can not afford their mortgage payments.
Shortly after, I went to the site to check it out. I must say, it is an invaluable site for anyone who is not able to pay their mortgage.
As the blog post stated, the site does outline the 3 options available to someone in that position, namely foreclosure, deed-in-lieu and short sale.
I think most anyone these days is … (3 comments)

 
Julissa Jumper, Fayetteville, NC Real Estate (Select Properties of Fayetteville, LLC)

Julissa Jumper

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