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Freddie Mac Wants You Home for the Holidays

By
Real Estate Agent with Elizabeth Anne Weintraub, Broker DRE #00697006

margie burgardThe last time my sister came to see me in California was sometime in the 1980s. I was selling real estate and living in Newport Beach (Orange County) when she flew into San Francisco. Back then she was a pilot. She called me after landing -- this was before cell phones -- and asked for directions to my house. Well, take a left and drive 500 miles.

Although I've been working as a real estate agent and living in Sacramento for more than 8 years now, my sister has never come to visit. We've previously met up in Hawaii for a winter vacation, and I've been back to Minneapolis to attend a friend's funeral on Christmas Day several years ago, but our schedules haven't allowed us to get together much.

Above is a photo of my sister, shot the day she left to go home after her Thanksgiving visit. She developed a special bond with my cat, Pica. With any luck, she might move to Sacramento, and I surely hope she does. I love her and miss her. Apart from my husband and his family back in Chicago, she and my niece are my family. Family is important. And family becomes even more important the older we get, or maybe it's age that brings us the wisdom to realize it.

Nobody understands family more than Freddie Mac. Freddie Mac announced yesterday it will not throw families out in the street over Christmas. We won't be seeing images like those from the Great Depression, with cigar-smokin' bankers yanking children through doorways and tossing them to the curb, stuffed bunnies and blankets and all. Nope, no film from Roger and Me, boarding up an empty house and flashing to a snowbank used as the back drop for battered suitcases and a scraggly Christmas tree. Naw, this is 2010. This is when we only pretend to play nice.

From December 20th to January 3rd, Freddie Mac will hold off on evictions. You can bet your holiday eggnog Fannie Mae, and a few other government agencies, will jump onboard as well. It would be significant if there was a social conscience attached to this decision, but you and I both know that is asking for too much.

Photo: Elizabeth Weintraub

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Elizabeth Weintraub is co-partner of Weintraub & Wallace Team of Top Producing Realtors, an author, home buying expert at The Balance, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown, Carmichael and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Call Elizabeth Weintraub at 916.233.6759. Put our combined 80 years of real estate experience to work for you. Broker-Associate at RE/MAX Gold. DRE License # 00697006.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of RE/MAX Gold. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

Comments(4)

Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

I hope you get your wish and that your sister does move to Sacramento.  You could certainly find a great Sacramento Short Sale to sell her.

Dec 02, 2010 08:30 AM
Jesse Clifton
Jesse Clifton & Associates - Fairbanks, AK

It would be a bit much to think holding off on the evictions is an altruistic move, but it's a welcome move for many just the same. :)  As for your sister, I do hope she's able to move closer.

Dec 02, 2010 05:18 PM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Elizabeth, when I first read this I thought your sister was shot! As I read on I realized that the picture of her was shot … LMAO …thankfully your sister is alive and well and will be home for the holidays. 

Dec 03, 2010 12:32 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

That's true, Chris Ann. I could find a short sale for her. In fact, I've already signed her up for listings.

Hey Jesse: How nice to see you. Long time no hear. Yeah, the official statement from Freddie Mac was: our foreclosure attorneys will suspend the eviction to provide a greater measure of certainty to families during the holidays, right, give me a break.

Hi Kathleen: I had to read my post twice to figure out what you meant, LOL. But you are absolutely correct.

Dec 03, 2010 02:43 AM