“These new streamlined program rules give lenders and servicers the ability to easily and quickly qualify eligible borrowers for a short sale.”
Ramsey, MN. (PRWEB) September 04, 2012
The third video that Kris Lindahl has created and released covers the Fannie Mae Short Sale Process. The short sale video series that Kris Lindahl, a top Ramsey Short Sale Agent, is creating and producing helps people that have questions about how the different financial institutions handle the short sale process.
“The “Wells Fargo Short Sale Process” video and the “Bank of America Short Sale Process” video have been very well received, and people continually call and email asking about additional videos in the series,” Kris Lindahl remarks. Kris continues, “I am producing and releasing the videos as quickly as possible, because I am very busy helping homeowners try to get their homes through the short sale process before the expiration of the 2007 Mortgage Debt Relief Act at the end of 2012.”
“There has been no word yet on whether or not there will be an extension on the 2007 Mortgage Debt Relief Act, which allows for an exemption of collecting taxes on the forgiven amount of debt that naturally occurs during the short sale of a home,” Kris Lindahl explains. “If there is no extension, some people who are selling their home with a short sale could be liable for tens of thousands of dollars in taxes. So I have put together a short sale team of very experienced agents, so we can help as many people as possible get their home through the short sale process before the end of the year.”
The third video of Kris Lindahl’s Short Sale video series, is about the Fannie Mae Short Sale Process. “This video was released just after the August 21, 2012 announcement by the Federal Housing Finance Agency (FHFA) about how the Fannie Mae and Freddie Mac were going to issue new, clearer guidelines to their mortgage servicers which would consolidate and align the existing short sales programs into one standard short sale program.” Kris continues to explain, “These new streamlined program rules give lenders and servicers the ability to easily and quickly qualify eligible borrowers for a short sale.”
The first 2 videos that have been released are videos explaining the Wells Fargo Short Sale Process, and on the Bank of America Short Sale Process. A top Ramsey Short Sale Agent, Kris Lindahl, also has additional information, and thoroughly covers all aspects of the short sale process, in the newly published comprehensive “Homeowners Guide To Short Sales” book.
“The Kris Lindahl team of experienced short sale agents can quickly handle any Ramsey short sale, or a homeowner looking for a Wisconsin short sale should visit the WisconsinShortSaleCalculator.com website,” Kris Lindahl says.
Call Kris Lindahl at 763-447-3925 or visit the MNShortSaleCalculator.com website for more short sale information. Download a copy of the “Homeowners Guide To Short Sales” at the HomeownersGuideToShortSales.com website. Wisconsin homeowners looking for short sale information can visit the WisconsinShortSaleCalculator.com website.