Let's Talk About It

I am trying to verify this, but it appears that any Fannie Mae bank owned property is only being offered to owner/occupants for the first 15 days of the BLC (MLS) listing.

I have several investors that are paying cash for properties and it has been very difficult for a "regular" buyer to make an offer that requires financing and have their offer actually accepted.

If this is fact, I am sure Freddie will soon follow. This is great for the many buyers that require financing, but it also puts the pressure on them to find the right property and act quickly.

Now first time buyers and fence sitters, here is another initiative to get moving. First timers, your time is running short for the tax credit.

Purchase any Freddie Mac home (HomeSteps) between now and October 30, close by December 31, and receive a 2 year home warranty PLUS receive up to 3.5% toward your closing costs paid by the seller.

You can search all of the available homes. Contact me when you want to see any. I will make sure the proper paperwork is completed so you don't miss out on these great offers.

This is in addition to the first time homebuyer tax credit that you may qualify for, but remember that program is set to expire December 1.