Hi there, I’m Shawn Polston with TucsonShortSaleNegotiator.com and 520ShortSale.com, with Keller Williams and your Tucson short sale specialists. Today we have breaking news from the Federal Housing Financing Agency. The Federal Housing Financing Agency has a great deal of control they exert over our friends at Fannie Mae and Freddie Mac. Today they just announced something very important to members of our military. They have made some changes in that if you are a member of the military and you have received a permanent duty station change and you have your orders and you are going to have to move, even if your mortgage is current, that is considered a legitimate hardship for the purpose of a short sale. Not only does this guidance say they have to process your short sale but they also have to completely relieve you from the debt if your loan is owned by Fannie Mae or Freddie Mac.
If you have questions about whether or not your loan is owned by Fannie Mae or Freddie Mac and is this program going to qualify? I have very easy access and a very easy way to determine if that’s the case. I encourage you if you know you have a permanent duty station change coming up and you have a house that is underwater or even if it’s not under water, we are here to help you with getting you out of that house and getting you moved on.
Again I’m Shawn Polston with your Tucson short sale specialists and we’re here to help answer any questions you may have. Please feel free to fill out my request form on this page or give me a call today. Thanks and I look forward to speaking with you soon.