Fremont Short Sales Information

Is there a monetary incentive for the seller in a short sale?

Considering the lender is taking a financial hit on the sale of the property, they want to make sure the homeowner does not receive monetary consideration from the transaction. If the loan is an FHA loan, put under contract and closes within the 90 day pre-foreclosure sale period, FHA will pay the seller a $1,000 incentive. If the property is under contract, but fails to close within the 90 day period the FHA will only pay $750.

There is a lot of free information available to you about buying, selling, investing, or relocating in the Fremont real estate market. For complete information about the Fremont Ca real estate market including current Fremont homes for sale, property values, market conditions and more please visit the most complete website dedicated to everything Fremont real estate related. www.ClydeBrownHomes.com.

If you or someone you know are in need of a competent and experienced Fremont real estate agent in or near Fremont Ca, or have real estate or mortgage related questions, please feel free to contact me I will be more than glad to answer your questions. Call me at 800-839-0665 or email me at Clyde@ClydeBrownHomes.com. Clyde Brown Legacy Real Estate & Associates.