Buying Brentwood Government Owned Homes

Why buy a Government Owned Home? There are a number of good reasons to Purchase a Government Owned Home. There is often Special Financing on Government Owned Homes. Many of these homes can be great for Investors not afraid of some work.

Click Here to Get a Free List of Government Owned Homes in Brentwood (or other areas).

However, there is one very good reason First Time Home Buyers should consider Government Owned Homes at this time. Most Government Owned Homes have a first look period where only Owner – Occupied Buyers can purchase the home. This means you do not have to compete with the Investors who are dominating this market right now.

There is also a big advantage in Buying a Fannie Mae Home (A Government Backed Program) with HomePath Financing. There is no appraisal required. Many non-cash buyers see the value in a home and would like to bid up the price to get the house. Sadly unrealistically low appraisals keep them from doing that in this market. The appraisal system is not set up to accommodate rising prices like we have now in the housing market. Both with HomePath Financing the only limit is what you can afford to pay and what value you put on the property.

What Government Owned Housing Programs are there? Well probably more than even I know about. But in Brentwood Ca here there are 3 types I typically see: HUD Homes, Fannie Mae Homes, and Freddie Mac Homes.

If you think a Government Owned Home Purchase might be a good strategy for you call Home Point Real Estate at 925-260-4231.

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5 Comments on Buying Brentwood Government Owned Homes

JUL
06
587,013 Points 46 Featured Posts Outside Blog Called Shot Master

Why buy a Government Owned Home? There are a number of good reasons to Purchase a Government Owned Home.  Contact Realtor® Gene Riemenscneider today and Gene will gladly assist you with finding your real estate needs.

 
3:10pm • #1
JUL
07
230,369 Points 9 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Government homes can be a great value.  Some of them are sold 'as is' and others might be completely redone.  The Homepath homes from Fannie Mae are an excellent choice because we can use Homepath financing with 3% down payment, no appraisal, no repairs required and no PMI.
10:24pm • #2
JUL
09
1,024,215 Points 15 Featured Posts Localism Sponsor Outside Blog Called Shot Master

I have some first time buyers coming to me with low down payments and I tell them their only shot is a government owned home.
8:39am • #3
JUL
10
481,124 Points 4 Featured Posts Outside Blog Called Shot Master

Gene, in Sarasota County FL the best buy properties are government or Fannie Mae owned. Sometimes it messes up the home prices in the neighborhood.
5:31pm • #4
JUL
15
1,112,470 Points 72 Featured Posts

Well, any buyer looking in the East Contra Costa market should call you Gene as you have access to all the data for the area!
5:44am • #5

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Gene Riemenschneider East Contra Costa Home Sales 01492725

Brentwood, CA

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Home Point Real Estate

Address: Brentwood, Oakley, Antioch, Pittsburg,, Discovery Bay, Investors, Brentwood, CA, 94513

Office Phone: (925) 260-4321

Cell Phone: (925) 260-4321

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