Fannie Mae Archives - Reid Real Estate Group

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Reid Real Estate Group assists homeowners with Fannie Mae mortgages short sell their homes in Connecticut . Read up on Fannie Mae short sales in CT and some of our recent short sale success stories. If you need assistance with a short sale in the area contact Minna Reid today for personalized advice!

September 11, 2017

Fannie Mae now requesting large cash contributions from all short sellers!

The one consistent rule in short sales is that the rules will always change!  I have noticed a new trend with all Fannie Mae backed short sales in the last year or so. Once reaching approval stage, 100% of the time Fannie Mae is requesting a cash contribution or large promissory note from all NON-OWNER OCCUPANT short sellers. Lenders have never […]

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