My short sale that I have been working on with Wells Fargo for months has just been denied by Freddie Mac so that the buyer can buy the house from Home Steps in foreclosure. We have a cash offer ready to close yesterday, negotiator accepted our price, and now I get an email saying our short sale has been denied. They want the buyer to go through Home Steps. I dont get this. Why would Freddie rather have a foreclosure than sell it right now at market value?
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WOW! Did they really state they were foreclosing so the buyer could purchase the house from them? That makes zero sense.
Contact: [email protected]
Also:
Contact Info
Freddie Mac Borrower Outreach 877.518.8429
Freddie Mac: 800- FREDDIE press 0
This isn't current information. Do you have an updated email address for Freddie Mac?
Also the phone number isn't good anymore.
Do you have that denial and the reason in writing ? If so, post a redacted copy so we can all benefit from your experience. So sorry for all your hard work .....
I have had the same problem, but as the Seller of a property with Wells Fargo
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