How To Buy a Home at a $100,000 Discount?

October 1, 2010 at 2:53 pm Leave a comment

To pare down their growing inventory of properties, Fannie Mae and Freddie Mac are scrambling to unload nearly 150,000 foreclosed homes. And that means 2004-esque deals — like requiring as little as 3% down, offering to pay a portion of the closing costs and arranging special financing and warranties for repairs and renovations.

http://financiallyfit.yahoo.com/finance/article-110858-6830-2-tips-on-buying-a-home—-at-a-100000-discount?ywaad=ad0035&nc

Entry filed under: Assets, Basking Ridge Real Estate, Basking-Ridge-Real-Estate, Bedminster Real Estate, bernardsville, Bernardsville Real Estate, Central Jersey, Central NJ, Commercial Real Estate, Condos, economics, Exit 24/7 Realty, far hills, FHA, Foreclosures, hills of somerset, Housing, I-78 Corridor, Investment property, Investments, Jersey Shore Properties, Morris County, Mortgage, Multi-Family, New Jersey, nj business, nj homes for sale, nj mls, NJ real estate, NJ Real Estate News, North Jersey, Peapack-Gladstone Real Estate, property, Property Taxes, real estate, real estate market, Real Estate News, Realtors, REO's, Short Sales, Skylands Region, Somerset County, somerset county real estate, somerset hills, The Cedars, The Garden State, townhouse, Union County, VA Hospital, warren twp, Watchung Boro, watchung real estate. Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , .

More information on Foreclosures Bank of America delays foreclosures in 23 states

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


October 2010
M T W T F S S
« Sep   Nov »
 123
45678910
11121314151617
18192021222324
25262728293031

RSS WSJ Real Estate News

  • An error has occurred; the feed is probably down. Try again later.

Categories

Flickr Photos


%d bloggers like this: