Fannie Mae Releases Thousands Of Los Angeles Foreclosures For Only 3 Percent Down

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Real Estate Agent with Redesign Properties

homepath fannie mae

Fannie Mae released a new program, entitled HomePath, which allows homebuyers and investors to purchase foreclosed properties with little down payment, no appraisal, and a credit score of just 660.  More details about this exciting new program can be found on our company blog:

http://www.redesignproperties.com/blog/bid/42458/Los-Angeles-Fannie-Mae-Foreclosures-For-Only-3-Percent-Down

 

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Real Estate General Information
Location:
California Los Angeles County Los Angeles
Tags:
bank owned properties
bank owned homes
los angeles foreclosures
fannie mae foreclosures

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Rainer
163,254
Ryan Case
SCA Real Estate - Anaheim, CA
877-828-0710

Homepath has been around for many years. Great program as its basically "owner financing" Although I do not like their stance on the value/appraisal.

Sep 07, 2010 10:19 AM #1
Rainer
5,298
Redesign Properties
Redesign Properties - West Los Angeles, CA

Yeah, Homepath has been around for a while but I believe the terms for purchasing a home recently changed.  Great opportunity for anyone that would like to stop paying rent in Los Angeles and start building equity.

Sep 07, 2010 10:28 AM #2
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Rainer
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Redesign Properties

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