Jude's Real Estate Rumblings

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Fannie to Offer Closing Cost Aid on Foreclosures

Fannie to Offer Closing Cost Aid on Foreclosures - Fannie Mae announced Friday that it would pay the closing costs on purchases of foreclosed homes in its inventory.  The government-controlled company said buyers of qualified properties will get up to 3.5% in closing costs, or an equivalent amount for the purchase of new appliances.
http://www.realtor.org/RMODaily.nsf/pages/News2010012902

How's the housing market in your neighborhood?

0 commentsJude Sandvall, CNE, SFR 720-255-1021 • February 01 2010 08:23PM

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