Does any one know what Freddie Mac’s is standard earnest deposit? Also can you still submit a short sale package once the bank has taken ownership and is trying to sell on the market?
http://www.freddiemac.com/index.html
i would bang around the site a little - get the feel for what freddie mac’s role is in the mortgage business.
no - once the bank owns the property - you negotiate directly with bank or through the agent listing the property