Short Sale Success – 10931 Cory Lake Drive

Another successful short sale! Team Bohannon’s “short sale” listing at 10931 Cory Lake Drive just closed. As a Certified Distressed Property Expert (CDPE), I successfully listed, found a buyer, assembled a complete package, and negotiated with the bank on the homeowner’s behalf.  The homeowner is relieved, the buyer is thrilled, and the community is happy

Had a Short Sale? You can buy again in 2 years!

Good news from Fannie Mae regarding Short Sales! If you have foreclosure, a Deed-in-lieu-of-foreclosure, or a short sale, you can still qualify for a Fannie Mae insured loan, subject to a waiting period. Fannie Mae recently updated underwriting guidelines for new mortgages that addresses individuals with various types of foreclosure history. Potential borrowers who have