My Brooklyn Report

Fannie Mae issued a press release in November 2010 that they would lower conforming loan limits on mortgages borrowed to purchase 1-4 family properties on October 1st 2011.

This is the clearest sign the Obama Administration wants you to buy your new home in a short sale.

Because after September 30th, you’ll lose the ability to borrow $599,450 in a mortgage.

How can you benefit from this change in mortgage lending?

(I thought you’d never ask)

So what happens when a real estate broker decides to increase their business by marketing a property listing that is being offered For Sale By Owner without the permission of the owner? Find out what a real estate broker risks when a property owner discovers their home being marketed by a real estate broker they claim they never met.