Good News for Foreclosures Over Christmas

There is never a good time to have to worry about losing your home but at Christmas there is an extra level of stress associated with buying gifts and trying to celeb...

Good News for Foreclosures Over Christmas Close
Page Summary

Good News for Foreclosures Over Christmas

Posted by Gary Ashton: RE/MAX ADMIN on Thursday, December 8th, 2011 at 12:26pm.

There is never a good time to have to worry about losing your home but at Christmas there is an extra level of stress associated with buying gifts and trying to celebrate the season with family and friends.

The good news this years is that the foreclosure process will stopped over the Christmas period. 

"Fannie Mae and Freddie Mac have announced that they will put a hold on foreclosures between Dec. 19 and Jan. 2, although legal and administration proceedings for evictions will continue as usual. Bank of America, Chase, and Wells Fargo also have said that they will temporarily halt foreclosures during the holiday period."

[SOURCES: Central Coast News; Information, Inc.]

 

Gary Ashton

The Ashton Real Estate Group of RE/MAX Advantage

The #1 Real Estate Team in Tennessee and #4 RE/MAX team in the world!

Google

Leave a Comment