Buy a Fannie Mae Home and get Rewarded!

Fannie Mae to Offer Closing Cost Aid on Foreclosures
The largest provider of residential home funding in the United States, 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 percent in closing costs, or an equivalent amount for the purchase of new appliances.The goal of Fannie is to clear out the nearly 50,000 properties it has in inventory. Their goal....."Attracting qualified buyers to the market and reducing inventory of vacant homes is critical to stabilizing neighborhoods and helping the market recover," said Terry Edwards, executive vice president for credit portfolio management, in a statement.

What does this mean for you??? This means when you buy a Fannie Mae home 3.5% of your closing cost will be paid for, saving you money.

To find a Fannie Mae home today call me at (951)240-9428 or email jwoldenga@roadrunner.com