Fannie Mae Announces KnowYourOptions.com
Fannie Mae's new website: KnowYourOptions.com
Fannie Mae has recently rolled out a new website (www.KnowYourOptions.com) geared towards struggling homeowners and the options available. The website is structured with two major points, the first being ways to stay in your home, the second with options to leave your home.
To stay in your home, options include refinancing your current mortgage, a repayment plan to catch up on late payments, a forbearance or modification of your mortgage, or a deed-for-lease program. All have their pluses and minuses and all will need to be worked on with your lender.
Options to leave your home of course include a short sale, or a Deed-In-Lieu of Foreclosure. The path taken most often is the short sale, which we are experts at.
Please contact us at the Twin Cities Short Sale Realtor to discuss your personal situation.
