Fannie Mae Foreclosed Property

Ok Superstars ... This might sound like a dumb question but I have to ask for my client sake .. My client wants me to do short sale on his property and I said OK. As I was getting the paperwork ready I pulled tax information through my MLS system and notice the property has been foreclosed by Fannie Mae already. Can I do anything ? Is it too late ?? Thank you and I hope to hear from a Superstar soon ..

0 members like this

Replies to This Discussion

Permalink Reply by Bryant Tutas on February 17, 2011 at 1:22am

Benjamin. It depends on your State's foreclosure laws. Some states have a redemption period of up to 6 months.

RSS

Welcome to
Short Sale Superstars

Sign Up
or Sign In

Or sign in with:

Members

View All

Badges | Report an Issue | Terms of Service

Short Sale Superstars, LLC and www.ShortSaleSuperstars.com does not endorse the real estate agents, loan officers, attorneys, real estate brokers and other participants listed on this site. These real estate profiles, blogs, blog entries and forums are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a short sale. Short Sale Superstars, LLC takes no responsibility for the content on these pages that are written by the members of this community.