first time home buyers: Do You Know What You Are Signing When You Sign Fannie Mae's Addendum Re: Foreclosure Purchase? Buyers Beware!
- 04/06/11 10:31 AM
Buyers do you realize that you are signing all your rights away when you sign Fannie Mae's Addendum to purchase a foreclosure property? Make sure you read and fully understand what you are signing. 16. Representations and Warranties: The Purchaser represents and warrants to the Seller the following: (a) The Purchaser is purchasing the Property solely in reliance on its own investigation and inspection of the Property and not on any information, representation or warranty provided or to be provided by the Seller, its servicers, representatives, brokers, employees, agents or assigns; (b) Neither the Seller, nor its servicers, employees, representatives, brokers, agents (7 comments)
FHLB & HomePath Loan Programs Interest rates are going up, banks are requiring larger down payments but there is hope for the DC Metro Area First Time Home Buyers, 2nd Homes and Investments properties buyers! Specifically there are 2 programs availalbe to First Time Home Buyers, 2nd home purchasers and investmetns purchasers. FHLB and Homepath. First time home buyers can purchase with as little as $500.00 down and investors as little as 3% down payment. Click this link for additional information http://www.nancyalert.com/real-estate-blog.asp
Nancy Alert, International Real Estate Specialist Nancy@NancyAlert.com 703-861-7355 RE/MAX Allegiance (0 comments)