HUD, FANNIE MAE AND FREDDIE MAC ALL NOW AUTHORIZE PAYMENT OF SIX PERCENT COMMISSIONS
A major issue real estate agents have faced when negotiating short sales with lenders and servicers was that it was always a battle to try and get paid a full real estate commission on these difficult and time consuming transactions. The loss mitigators working for [...]
Tags: 6%, agent commission, agents, commission, FannieMae, FreddieMac, full commission, HUD, loss mitigators, negotiating, real estate, real estate agents, real estate commission, Realtor, reduced commissions, short sale, six percent
Posted in Foreclosures, General Loss Mitigation Options, Listing Properties in Foreclosure, Loss Mitigation, Short Sales | No Comments »
As a Real Estate Broker, Lender and Investor, I have worked the foreclosure and distressed property market for over three decades. As you can imagine, I have seen many people come and go in real estate over the years. One of the main reasons for people leaving real estate is that they either lack the [...]
Tags: agents, distressed real estate, Foreclosure, foreclosure market, investors
Posted in Creative Real Estate Strategies, Foreclosures | No Comments »