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Comments

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  Kevin - Greenville, SC November 23, 2012 at 6:14pm

  Congrats!
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  Hairman November 6, 2012 at 2:58am

  Thank you for your response. I held my ground on the 6%. We close on the 16th.

  It was not a Fannie Mae loan.
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  Kevin - Greenville, SC November 5, 2012 at 11:06pm

  It depends on who the Investor/Insurer is and if it's a HAFA SS.
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  Steven Angelil October 17, 2012 at 9:57am

  From the Fannie Mae Servicing Guide SVC-2012-19 dated August 22, 2012:

  Closing of short sales may not be conditioned upon a reduction of the total commission to be paid to real estate agents to a level below what was negotiated by the listing agent with the borrower, unless the fee exceeds 6% of the sales price of the property in aggregate

  I guess the first thing to check is if the loan is owned by Fannie Mae.