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homepath: Fannie Mae Homepath home shopping- Buy two fer one Mr. Investor - 02/03/11 09:00 PM
I just met with a savvy investor today looking at finally getting off the fence and buying a couple investment properties. He came to me with the expectations of putting 25% down and needing 6 months reserves for his other 4 properties he currently has in his portfolio...
I asked if he knew about Fannie Mae's Homepath Program-
He was not aware of this so I explained the benefits- no appraisal, 90% financing and NO MORTGAGE INSURANCE NEEDED.... He instantly assumed this must be good to be true and wondered exactly what kind of a dump he needed to … (1 comments)
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homepath: Mortgage Banker Report- Vancouver Wa. - 05/26/10 12:42 PM
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homepath: Fannie Mae offers Homepath Loans that beat FHA for First Time Home Buyers - 11/09/09 01:20 PM
November 9, 2009
REO Units Providing Mortgage Opportunities Some financing programs for real estate-owned assets are connecting first-time homebuyers with a particular property and a chance to buy a home where perhaps they couldn't afford one otherwise., especially in markets like California and parts of the Northeast where prices are more expensive.
For Fannie Mae-owned REO, for instance, financing for these properties, which tend to be in the lower price range at around $150,000, is offered through HomePath. The program is unique because no appraisal is required, LTV is at 97% and private mortgage insurance is not mandatory. We can also … (3 comments)
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homepath: Fannie Mae owned homes offer special financing- Homepath - 07/24/09 08:31 PM
Hello first time home buyers and Investors,
Fannie Mae is offering special financing program on all the Bank Owned properties with benefits such as No mortgage Insurance, No Appraisal... http://www.utipu.com/app/invited/id/bdfbf211
… (0 comments)
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homepath: No Appraisal, No Mortgage Insurance up to 97%- Come learn this Niche' - 07/16/09 01:04 PM
Attention Realtors, Investors & Homebuyers!Learn How This Special Program Works In This 30 Minute Seminar
We are offering an overview of the newest and moist successful loan in the industry... this loan is not available at Wells Fargo, US Bank, Metlife, Bank Of America.... so make sure you are aware of the benefits to buyers.
* Are you experiencing fallout issues on current purchase transactions?* Are you getting beat up over the appraisal issues and has HVCC killed recent transactions?* Would you like to buy foreclosed homes without the short sale/bank owned hassles and time frames?* Did you know there is … (0 comments)
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homepath: Vancouver, Washington is a great place to dine- we have no SWINE! - 04/27/09 09:11 PM
Hello Everyone,
Will I get Swine Flu if I eat bacon?
Hope your week is off to a great start…. The weather over the weekend must have added to the positive media flurry that it’s a great time to BUY REAL ESTATE ~ I noticed a flurry of transactions over the weekend or at least for those priced right…. I even heard a couple transactions with 3 separate offers that came in over the weekend!
This is great news for buyers that are taking advantage of the $8,000 tax credit as well as purchasing homes … (0 comments)
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homepath: Boob Job is a deduction... or is it an increase? - 04/15/09 09:44 PM
Hello Everyone,
Hope your tax day is going well….So I heard last night on TV that a stripper claimed a “boob job” (Can I say that on my daily report?) on her taxes and when audited she was able to keep the deduction! (or was it an increase?) Work related expenses I guess … Who would have known?
No worries here as I have an extension- I was once told that those with extensions are 60% less risk of an audit! So I think I am going to wrap my arms around that and use it for my excuse. It … (0 comments)
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homepath: 65,000 homes for sale- GO- Homepath and America One Finance - 04/02/09 02:10 AM
Fannie Mae Oversees A Third Of U.S. Home Loans- and getting creative on selling 65,000 of the ones they now own!
Fannie Mae owns or guarantees about a third of the nation's home loans —18.3 million loans valued at $2.7 trillion — according to recent data from the Federal Housing Finance Agency. Due to the increased number of investment foreclosures and the fact that 60% of homeowners walked from their home instead of trying to work out a modification Fannie Mae is found in a situation trying to get creative to move 65,000 homes with as much finesse … (3 comments)
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homepath: Homepath in Washington State keeps moving along! - 03/30/09 11:41 PM
Great weekend with all the activity about the listings that Sundin Realty has for the Fannie Mae foreclosed homes. With 6% seller concessions, no appraisal, No MI what's not to love! This will slowly make the difference in some neighborhoods.
I just rescued another deal where this incredible house was listed for $339,000 and the offer was for $341,000 with seller paying $6,000 in closing costs and Wells Fargo declined it due to low value or the new policy of using an AVM and the value was 10% out of perimeter so they don't like it. Come May it is … (2 comments)
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homepath: 97% Financing~ Fannie Mae Owned ~ No MI ~ No Appraisal~ Investors too! - 03/13/09 02:39 AM
FANNIE MAY HOMEPATH PROGRAM OFFERS GREAT HOME BUYING OPPORTUNITY This one could come and go... I finally have a product that I am happy to announce to the world and happy to say it can make the american dream come true!
It almost sounds too good to be true but it is the real deal... 3% down, no mortgage insurance, no appraisal, 6% seller concession, and you don't have to move to the country to get this offer!
FannieMae really wants to get rid of the homes they have had to take back. This offers a fine opportunity to score … (0 comments)
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Bill Black CMP CDPE MLO #49242
Vancouver,
WA
More about me…
Directors Mortgage
Address: 2101 NE 129th Street #219, Vancouver, Wa, 98660
Office Phone: (360) 326-8891
Cell Phone: (360) 910-3290
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