Here is a great resource for buyers who are interested in purchasing Bank Owned (REO) Property property through the Freddie Mac HomeSteps® program.
Through the Freddie Mac HomeSteps® program buyers can find houses, town homes, condominiums and duplexes in many areas throughtout the county. The direct link is http://www.homesteps.com/featuresearch.html.
Buyers of qualifying HomeSteps® homes may be eligible for the HomeProtect Home Warranty, which is a limited 2 year policy and 30% savings on new home appliance.
Freddie Mac is also offering condo buyers "Condo Cash". The buyer will recieve $1,500 to be applied to future condo association fees. ACT NOW! This is a limited-time offer. Offers must be submitted between August 15th and November 15th and must close on or before December 31st 2011. Buyers are limited to HomeSteps® condos that have been on the market for more that 120 days that would be owner occupied. Investors will qualify for this incentive.
The Freddie Mac HomeSteps® website has home buying information, tips and calculators. Certain restrictions apply so anyone interested should ACT NOW! As with evey good thin, restrictions apply, see http://www.homesteps.com/smartbuy/ for more information.
This is an excellent opportunity for buyers save money!