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PURCHASE FANNIE MAE FORECLOSURES PROFESSIONAL
PURCHASE FANNIE MAE FORECLOSURES FREE
PURCHASE FANNIE MAE FORECLOSURES MAC

PURCHASE FANNIE MAE FORECLOSURES FREE

To learn more about this program feel free to contact me directly at 843.478. Fannie Mae (the Federal National Mortgage Association or FNMA) is a government-sponsored enterprise (GSE) established in 1938 to expand the liquidity of home mortgages by creating a secondary.

Down payment (at least 3 percent) can be funded by your own savings a gift a grant or a loan from a nonprofit organization, state or local government, or employer.

Available to both owner occupiers and investors.

You may qualify even if your credit is less than perfect.

Low down payment and flexible mortgage terms (fixed-rate, adjustable-rate, or interest-only).

This special financing is available on Fannie Mae homes with the following logo: The benefits include: Investors often gobble up foreclosures before the little guys even know they’re available. The Fannie Mae Ready Buyer HomePath program is a reliable and affordable way for both first-time home buyers and investors to buy real estate owned homes.

Property sales must close before May 1, 2010.

The program is call Homepath Financing and it has some advantages and disadvantages. However, there are other things about purchasing a Fannie Mae home.

PURCHASE FANNIE MAE FORECLOSURES PROFESSIONAL

Offers must be accepted on or after January 28, 2010 Fannie Mae has a mortgage program to assist home buyers and investors who buy one of their foreclosures. work with a real estate professional you trust, and that you get the financing you need.

A mix of closing costs and appliances, at the buyer’s discretion, up to the maximum 3.5%. Fannie Mae will also give YOU 3.5 toward your down payment and closing costs Holly COW on a 100 ,000.00 purchase the bank will give you 3,500.

The purchase of new Whirlpool® appliances by Fannie Mae or.

Buyers purchasing properties listed on this site that are closed within this period may receive up to 3.5% of the final sales price for: There is a lower risk of the home sitting vacant when owner-occupied buyers purchase the property versus those that will rent the home to others.

Closing Cost Assistance and Appliance Incentive for Fannie Mae Homesįannie Mae is offering a 3.5% incentive* for buyers who purchase and close on a Fannie Mae-owned home between January 28 and April 30, 2010. Fannie Mae offers this period in an effort to build up an area with a large number of foreclosures. This special program has many incentives that make it very enticing to say the least. Fannie Mae has devised a new program for prospective homebuyers called the HomePath program. Before considering buying a house directly from Fannie Mae you need to talk to a Charleston, SC Fannie Mae approved realtor. To purchase a Fannie Mae HomePath property, you’ll need to work with a real estate agent and complete a. Because the homes are foreclosures, they may need repairs. HomePath homes come with a variety of perks, such as lower price points and special financing options. The good new about this is you can capitalize on this misfortune. Fannie Mae HomePath properties are foreclosed properties owned by Fannie Mae.

PURCHASE FANNIE MAE FORECLOSURES MAC

100% Home Financing Bank Owned Homes buying a home Charleston Real estate first time home buyer getting approved Homepath negotiating home short salesĭue to the economic and housing crisis Fannie Mae and Freddie Mac have had to unfortunately foreclose on millions of homes in Charleston and across the United States.