By Chris B Johnson Realtor,
Thousand Oaks Short Sale,
Simi Valley Short Sale,
Moorpark Short Sale
Ventura County Short Sale,
Fannie Mae and Freddie Mac announced on Tuesday a moratorium on evictions for single-family foreclosed homes for the holiday season.
The GSEs said evictions will not be enforced from December 17, 2014, until January 2, 2015, for single-family homes that have been foreclosed on, meaning that families living in those homes will be able to continue to live there during that two-week period. Both GSEs said that legal and administrative proceedings related to the eviction process may continue during that period even though the eviction itself will not be carried out.
“As in previous years, we believe it is important to extend the timeline of help for struggling borrowers during the holidays,” said Joy Cianci, SVP of Credit Portfolio Management for Fannie Mae. ”If you are in trouble or facing foreclosure, reach out to Fannie Mae or your servicer today to get help. There are more options than ever before to avoid foreclosure. We want to help struggling borrowers whenever possible.”
Many Ventura County Homes Appreciated by over 16% Last Year. If you’re thinking of selling, yours may have now have enough equity to sell without being “Short”. Pricing your home correctly the FIRST TIME is more important than ever! If you want an accurate idea of what your home is worth Click Here:
You may now have enough EQUITY in your home to sell WITHOUT having to be “short”. If you are thinking about a short sale I can help you get an accurate value for your home and get back on your feet. If you would like periodic updates on what is going on in
Your Neighborhoodor the Ventura County Real Estate Market, Click on the Links!
Thanks for reading this,
Chris B Johnson.
Chris B Johnson is a Realtor with Berkshire Hathaway HomeServices .
Certified HAFA Specialist Certified Distressed Property Expert Certified Short Sale Negotiator
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