Summary:
Federal Housing Finance Agency released a notice directing lenders not to sell distressed Fannie or Freddie Properties to investors unless they do two things first;
1. Lenders must take every possible step to allow the current owner to stay in the house.
2. If the property gets turned over to either Fannie Mae or Freddie Mac as part of their REO Inventory. New owner-occupantsproperty buyers" primary residence" will have up to 20 days to buy the property. After20 daysinvestors will have an opportunity to buy the property
Non-Performing Loan (NPL) Sale Requirements Click on the link: http://www.fhfa.gov/Media/PublicAffairs/Pages/Non-Performing-Loan-(NPL)-Sale-Requirements.aspx
For more information on how to obtain REO property info, contact Izzy Rodriguez at 408-223-5629
Property Search
RSS Feed
Search Blog
Recent Blogs
Kids Book Fair Festival April 7 To 8 - Greetings moms and dads! Oh
The Magic Of Staging - Let's face it. As consumers we
Oakland Running Festival Marathon - Thinking about running the Bay To
Misguided Impressions About Real Estate Agents - More often than not, the general
Our Bloggers
This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.
Click 'Save' to add a property to this list.New & returning visitors please enter your information to login.
This message will go directly to the head of our team.
Español
Francais
Deutsch
Italiano
Portugues 
Chinese 
Russian 