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.
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