I received a phone call the week before Christmas from DTS telling me that they would be handling Fannie Mae's short sale outreach. They said they had chosen only a few of the DTS agents to handle the deals. I have received a set of leads so I called in today to see what exactly I'm supposed to offer them since there has been documentation or guidance into what exactly Fannie Mae was offering with their outreach. I was told that they MIGHT qualify for up to $3000 but that was only with owner occupied properties (not vacant or tenant occupied) and IF they qualified, it would be offered like COOP with no additional incentive available at this time. I was also told that there would be no attempt to stop the foreclosure even when enrolled in the program unless there was an offer on the propety. In the event that they don't qualify, they will be prompted to do a "traditional" Fannie Mae short sale. To me it still sounds like they are working otu the kinks. . .let me know if anyone else has any additional info.
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