Closing Costs Being Paid by Fannie May
Posted by The Atlantic Real Estate Team on Monday, February 1st, 2010 at 4:00pm.Fannie May is the largest provider of domestic residential home funding in the US and is more motivated than ever to move its nearly 50,000 foreclosure properties in inventory. Fannie May has just announced it will begin paying 3.5% in closing costs for buyers of qualified foreclosure properties. That amount can also go toward the the purchase of new appliances for the home. It only applies to HomePath homes and the buyer must close on the house before May 1, 2010.
If this is something you would be interested in, contact us today to find out more about the program and receive a list of qualified foreclosure homes.
Print
ShareBe the first to comment on this blog entry!
Leave a Comment
- Featured Properties
- Recent Blog Posts
-
Owner Financing
Have you thought about purchasing a home that offers owner financing? Would you like to mortgage a home without payin... Read MoreHome Sales Continue to Rise for Port Orange Area Homes
Home sales for the month of March are on the rise compared to the previous three months in Port Orange, Daytona Beach... Read MoreLooking to Buy in Florida?
Looking to Buy in Florida? Homes sales are up 13% and condo sales are up 29% for the month of February compared to l... Read More