I was under the impression that Freddie Mac allowed for a home warranty up to $500. The negotiator at Cenlar says no.  Did I dream this?  Thanks in advance if you know.

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Hi Robin, I've been doing Freddie Mac short sales for 2 years and have never seen it allowed.  I usually just have it taken out during counters if it is on the contract.

Thank you Tara.  I may be thinking of their REO's.  Thanks for the quick reply. 

does anyone, Fannie Mae Freddie Mac ect allow for home warranty to be included in the short sale??

I know Fannie and Freddie do not.  I've never seen an investor cover it, but perhaps someone can pipe in if there is one. If anything investors have cracked down on any time of fee- including HOA and condo disclosure packages.

It would be RARE.

I did have a short sale last year with Chase as the lender.  It was a HAFA eligible short sale where the sellers got $3,000 in relo assistance and my buyer got $1,500 in closing costs and a home warranty, $449, paid for by bank. I believe it was FHA, though, not Freddie Mac. I was a dual agent and got full 6% commission, too.  Everybody was happy!

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