Getting REAL (Estate) in Vegas #052: Fannie [Mae] Loves Freddie [Mac]
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Description
For this episode of Getting REAL we get up to speed on the difference between, and how to buy from, Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortage Corporation). We follow that will some Real Advice how how best to deal with a move while your home is under water. Show Notes: * Friday Figures (an in-depth review of the current Las Vegas real estate market with a focus on Inventory, Short Sales, Contingency, Foreclosures and 30-day Closes) * HUD auction, Independent review of 2009-2010 foreclosures, interest rates at 4.0% * Differences between Fannie Mae and Freddie Mac, how to buy from Fannie Mae or Freddie Mac * REAL Advice: Help if your home is underwater and you have to move
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