As a result of the economy the last few years, hardworking people have lost their jobs and got behind on their mortgage. Recently, new guidelines have been established to assist homeowners with the approval of a "short sale"-which is the homeowner selling the house for less than the value of the mortgage. Until recently, the banks have been the controlling factor for the approval of the "short sale".
New guidelines have been established to help streamline the process to homeowners whose mortgages are backed by Fannie Mae or Freddie Mac. Please refer to the following links to see if you fall into the category if you choose the "short sale" route.
Please contact Legacy Title Company with any assistance we can provide to help during this process.
In recent years, there has been a significant increase in large organizations looking to reduce their carbon footprint. This has led several… Read More »
Phishing may sound like a foreign language or one of the latest dance moves, but according to the Federal Bureau of Investigation’… Read More »
The National Association of REALTORS® (NAR) recently released its latest report on Home Buyers and Sellers Generational Trends for 2023,… Read More »