foreclosures in illinois: HomeSteps Offers 3.5 Percent in Buyer Closing Costs and 2-Year Warranty During Summer Promotion
- 05/23/11 03:55 PM
I'm waiting right now to find out if an offer my buyer made on a home this morning has been accepted. The place he chose -- a nice all-brick ranch in a very cute neighborhood in Granite City, IL -- is a foreclosure property. But here's the great thing about this particular house -- it's part of the Freddie Mac HomeSteps program. Freddie Mac is a GSE -- a government sponsored enterprise -- chartered to stabilize the mortgage industry and focused on making housing more affordable. Simply put, it buys mortgages from lenders to free up money for more mortgages at … (0 comments)
I'm waiting right now to find out if an offer my buyer made on a home this morning has been accepted.
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