Special offer

Foreclosure Basics - Special incentives for Buyers with this program

Reblogger Bob Edwards
Real Estate Agent with Coldwell Banker- The Real Estate Group, Inc.

If you're thinking of buying a foreclosure, here's some information provided to us by Lin Sims. And for more tips on buying foreclosed and distressed properties call Bob Edwards at (920) 202-2431.

Original content by Lyn Sims

Foreclosure Basics - Fannie Mae Specials on the Home Steps Program

 

Well I guess they want to join the spring market with new incentives for buyers (dangle that carrot?) with closing costs help and new appliances!  Most foreclosures obviously have 'iffy or icky' appliances so this would at least give buyers some incentives/breaks on those new appliances.  This was just released and is valid until May 1, 2010.  You must close by that date.  The press release shown is not very clear but I rechecked and the date starts for contracts on January 27th, 2010.

My other post on Freddie Mac Foreclosures.

Think a foreclosure might be for you?  I can help with all those questions.

foreclosure,buyers agent,fannie mae,home path,

Tom Braatz Waukesha County Real Estate 262-377-1459
Coldwell Banker - Oconomowoc, WI
Waukesha County Realtor Real Estate agent. SOLD!

Bob

Looks like good solid information to buy a foreclosure.

Jan 29, 2010 09:18 AM