Just Heard This... Freddie Mac Removes Short Sale Waiting Period!

By
Real Estate Agent with Keller Williams SLC (UT) and Keller Williams Realty EV (AZ) 7238507-SA00

Just Heard This... Freddie Mac Removes Short Sale Waiting Period!

 

 

Conventional (Freddie Mac) has removed the 4-year wait period on Short Sales! Of course, the homebuyer still must be approved on all aspects of loan guidelines (must be a strong buyer) but the wait period is no longer! If you have any questions, give me a call at 480-415-7616.



 

 

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Just Heard This... Freddie Mac Removes Short Sale Waiting Period!

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Comments (2)

Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I called a couple of lenders on my list when I heard that and they laughed at me and said they can't be more lax than Freddie or Fannie guidelines, but they sure as heck were not going to be lending to someone who wasn't at least three years beyond a short sale and that would be FHA only.

Mar 24, 2016 02:19 PM
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good morning Shanna Day Mega Team Leader (UT & AZ) . That's very interesting news and thank you for sharing with the rest of us.

Mar 24, 2016 06:10 PM