Fannie Mae Offers “First Look”

Fannie Mae offers it’s properties to owner occupants for the first 15 days via its program called “First Look”.

Click the link below for the details of “First Look”.

http://www.fanniemae.com/newsreleases/2009/4868.jhtml?p=Media&s=News+Releases

IRS Publication 4861–Canceled Debts, Foreclosures, Repossessions and Abandonments

When negotiating a short sale on a mortgage, know what could be your future liability may be. Click the link below and go to page 11 and view table 1-1.

http://www.irs.gov/pub/irs-pdf/p4681.pdf