Fannie Mae Shows the Way Home

By
Real Estate Agent with Better Homes and Gardens Real Estate

Fannie Mae, the government sponsored enterprise owning most mortgage loans in the U.S., has launched a new interactive, multi-media tool called WaysHome to help homeowners understand the options to avoiding foreclosure, and to motivate them to take actually seek help in 2011 rather than let bad consequences happen by default.  This new resource is part of Fannie Mae's "Know Your Options" initiative, and can be found on the program web site at www.KnowYourOptions.com.

The web site provides interactive information on all the options for trying to stay in your home and all the options for leaving the property without triggering a foreclosure.  The WaysHome video goes a step further and puts you in the driver's seat of real-life homeowner situations where you'll make informed choices and immediately see the outcomes.  Along the way, Fannie Mae provides helpful tips and tools to guide your decisions or to correct ones that lead to undesired outcomes.

If you are a homeowner struggling with the mortgage debt on your home, you must take a look at this web site; especially the WaysHome video.  If your loan is owned by Fannie Mae (which is easy to determine on the web site), and even if it's not, you will gain a wealth of information - and possibly some much needed encouragement - as to what  you can do to help yourself.  Don't bury your head in the sand and hope for the best.  Be proactive and take action to improve your situation.

Posted by

Jeff
Good homes, good living!

http://www.SanJoseRealEstateSource.com
http://www.SanJoseShortSales.com

Jeff Spoelstra is a California residential real estate agent and REALTOR with years of experience making buying or selling property as easy and painless as possible. It's my mission to provide the information you want and the help you need to get the home you'll love.

Disclaimer: The above information is deemed reliable but is subject to change at any time and is not guaranteed to be accurate nor are there any warantees either express or implied. It is not intended to be construed as financial, legal or tax advice. California DRE license #01470808.

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Rainmaker
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David Burrows
Classic Realty - Fairfax, VA
No Pressure, Just Seriously Devoted to Real Estate

Thanks Jeff for your post! I noted this site the other day and the information is great! - David

Jan 20, 2011 08:14 PM #1
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Rainer
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Jeff Spoelstra

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