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hello and welcome to night Barry titles video series and this one happens to be about somewhat new phenomenon known as the short sale affidavit that's imposed by government entities like Freddie Mac in most short sales the lender is owed more money than there actually willing to allow the seller to sell their property for probably didn't make too much sense say so they give you an example say the lenders owed $100,000 the sellers in default and can't sell the property and finally an offer comes along and someone says we'll give you seventy thousand bucks for this house so the borrower takes the seventy thousand dollars to the lender and says hey I can give you 70 I can't give you a hundred this is the best I can do in that case the lender through Freddie Mac might want to know some things about the transaction which is where sherry comes in and I'll sit back and look handsome for the rest of this podcast alright I'm going to scroll across in the bottom of your screen you have a work to

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