Our Fort Lauderdale movers have been reporting on the Chinese drywall issue for last few weeks and have followed corrective efforts that will be of assistance to homeowners with the defective drywall in their homes.
Fannie Mae announced on June 17, 2010 that they’ve enacted an “Unusual Hardships” national policy that offers six month forbearance on mortgages to homeowners with defective drywall in their homes. This policy will go into effect in mid-July. Forbearance will be granted at Fannie Mae’s discretion and determinations will be made on a case-by-case basis after an inspection that confirms the presence of problem drywall.
With any legally binding agreement, you should read the terms and conditions carefully before signing. Solicit the advice of a lawyer if possible to ensure this is the best option for you.
Visit Fannie Mae’s website or contact the Fannie Mae Resource Center at 1-800-7FANNIE (1-800-732-6643) for more information about this Forbearance.
Visit our Fort Lauderdale movers frequently, for more news concerning the Chinese drywall and remediation efforts.
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