New Requirements For Listing Short Sales

In order to give short sale properties an opportunity to receive “highest and best” offers, new Fannie Mae guidelines state that each new short sale listing must remain active in our MLS system for a minimum of 5 days and must include at least one weekend.  If you are a buyer making an offer on a short sale, realize it may be a while before you receive an answer from the seller.

 

 

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Jennifer Wollmann

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