Fannie Gives Foreclosure Listings a Makeover

It’s about time! How many times have you looked at a listing that had horrible photos? Quite often it was a bank owned property which for some reason no one felt deserved decent photos.

Fannie Mae ( The Federal National Mortgage Association (FNMA), has teamed up with national real estate photography firm VHT Studios to give listings of foreclosed properties a makeover with professional photos and, in some cases, virtual staging. Homes nationwide that have been renovated and are being sold through Fannie Mae’s HomePath program will be photographed by VHT Studios as soon as they’re ready to hit the market.

“It’s a no-brainer,” says John Thibaudeau, Fannie Mae’s director of loss mitigation. “Properties with professional photos get more views than those without. And buyers are more likely to move past the first picture.” Fannie Mae will cover the costs of photography, so the service will come at no extra charge to agents.

“Taking this on is a benefit to agents and to us,” says Brandon Lawler, Fannie Mae’s sales director. “Obviously, for the agents who were already doing this, it’s a huge cost savings. And for us, it’s a benefit because we get consistent photographs of the repaired properties, no matter where they’re located. We’ve spent a lot of time and effort repairing our properties, and those things lend themselves to be highlighted with professional photography.”VHT, which has a national network of real estate photographers and image specialists, also virtually stages some of the foreclosed properties with furniture and decor to show buyers the design possibilities. “VHT Studios is extremely excited about this partnership,” says CEO Brian Balduf. “Our entire team looks forward to enhancing the marketing of Fannie Mae HomePath properties to increase homebuyer appeal and move homes more quickly.”

Psst, I’m a Virginia real estate agent.

This post was authored by local resident and REALTOR, John Womeldorf. John is known around town as Mr. Williamsburg, for both his extensive knowledge of the Williamsburg/ Hampton Roads/ Richmond VA area and his expertise helping buyers and sellers in the local real estate market.

If you are a homeowner searching for someone innovative to sell your home I would love to share my thoughts on marketing. You can read some of the stories I have written about the homes I have sold here.

Additionally, I have helped hundreds of folks find their dream home/ community and would love to help you find yours in Williamsburg, Yorktown, New Kent, VA Beach, Chesapeake, Suffolk, Isle of Wight Poquoson as well as Richmond.

You can reach me by phone at 757-254-8136 or email

I look forward to serving your real estate needs!


About mrwilliamsburg

I love Williamsburg !
Being “Mr. Williamsburg” and starting my web site in 2004 has been a great way for me to help people looking for homes for sale, communities and an “insider knowledge.” of the area.
Turned out I was onto something. Because I offer in-depth information and up-to-the-minute blogging, even international clients have found me. One couple, moving back to the States from France, told me that a post I wrote blog about grocery shopping in Williamsburg convinced them that Williamsburg was the place to be, and that I was the best source by far that they found on the web.
I’m happy to say that I hear similar comments from many of my clients looking for homes throughout Williamsburg and Hampton Roads.
I grew up in Virginia Beach, Va, After attending college, I worked at a number of positions including manager of a land development and construction company and business manager of a cut flower business that we grew in sales from $300,000 to $15 million (we were supplier to Whole Foods and one of the first cut flower suppliers to Costco).
In 2004, it seemed like a good time to simplify my life. I moved my family from Annapolis to Williamsburg. I went into real estate with Liz Moore and Associates, and was one of the initial agents when Liz opened her Williamsburg branch.
My sons Zach and Josh attend Lafayette High School and Hornsby Middle School and are crazy about sports and the outdoors.
I feel lucky to be living the dream, and saving two to four hours by not driving on the DC beltway every day. So, I can now spend my time with family while concentrating on learning — and sharing — information about living in Williamsburg.
In real estate, no two people or transactions are the same. Everything’s a challenge, and I’m rewarded every time in close a transaction and have the opportunity to see the smiles on clients’ faces.
Please email or call me for assistance with any real estate questions about the area or 757 254 8136