Join Our Free Email List

Ask Elliott

Ask Elliott #28: Short Sales & Freddie Mac

Elliott, Do you know if the Freddie Mac 4/12/2010 Fraud Investigation Newsletter is “Official” policy of Freddie Mac?

If so, do you see “Flipping” by investors, via short sales, becoming “illegal”, as some are saying? Thank you.

To view the answer, mouse over the video player and click on the play button

My answers are general answers to general questions regarding real estate practices in New Jersey, I am not a lawyer. I suggest that you consult an attorney when appropriate.