All Agents that are negotiating Short Sales on your listings such as  “yours truly” – very important information that you need as of today.  Please note these numbers could change tomorrow as you know our short sale rules do.

If the Primary Mortgage is guaranteed by the following Government institution:

FHA:  they will pay 2nd mortgage $2,500

FNMA: they will pay $8500  or 10% of the principal

FREDDIEMAC:   $3,000

Happy “being on Hold for eternity” with your banks.