Comment about:  Short Sales in the Flagstaff Homes Market
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March 05, 2009

Update on Short Sales in Flagstaff

There may be more short sales recorded in the next few months
Fannie Mae and Freddie Mac have issued new guidelines for their guaranteed loans that require lenders to remove some obstacles that have held back the short sale process. In addition, real estate agents, who are essential to these complex transactions, are becoming more experienced and educated in the short sale process. RE/MAX Peak Properties has held several advanced training sessions for agents to help us be more effective in dealing with short sales and foreclosures.

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