Home owners who still live in their homes and are behind on their home loans with Fannie Mae and Freddie Mac will have foreclosure proceedings suspended until January 9th. This is a positive move for both those home owners and others looking to buy a home.
Why? If you are a home owner in this unfortunate situation and you are trying to sell your home you have another few months to work out a solution. This article from Reuters gives the details of this latest development: “Fannie Mae, Freddie Mac, Suspend Some Foreclosures.”
Those buying now have a chance to take advantage of potential short sale opportunities.
Truly it is still a buyers market with many buyers able to negotiate real estate agent fees when they are trying to find a real estate agent to work with them and assist them with home buying advice.
Remember, DoorFly.com can help you with this fee negotiation process. Log on today and see the home buyer rebates available to you.
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