When trying to do short sales on properties that are controlled by Fannie Mae or Freddie Mac, there are special guidelines you must be aware of. If you don't know these guidelines chances are your short sale will not happen when dealing with these two giants of the mortgage industry. Fannie Mae and Freddie Mac control the majority of the distressed properties available today. If you want to have a successful short sale experience, you must know these important guidelines. Kim Cook lays out the details in her clear, easy to understand format.

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