Monday, March 23, 2009

Fannie Mae and REO

Fannie Mae, much like HUD before them, now offers low home financing for buyers of their foreclosed properties. The program, called HomePath, requires a minimum down payment of 3%.

In today’s market, it is extremely important that you know which loan programs are available to your prospective home buyers. The link below provides you access to the properties available, marketing information and how to become a listing vendor.

http://reosearch.fanniemae.com/reosearch/

As always, do not hesitate to contact me should you have any questions.

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