Looking for a deal where the home seller pledges in advance to contribute potentially thousands of dollars to your closing costs? If so, check out the summer sale terms available from two of the largest and most motivated sellers of foreclosed homes in the country: Fannie Mae and Freddie Mac.
I’ve toured several of these homes in the last few weeks. After negotiations & the credit toward closing, there are some good deals to be had.
All the foreclosed properties are listed with photos and descriptions at either HomePath.com (Fannie) or HomeSteps.com (Freddie), where you can search by price, local markets, ZIP codes and entire states. They run the spectrum from expensive detached homes, low-budget urban condos and suburban tract town houses.
Check out the details on the Fannie or Freddie websites or feel free to contact me. I’m available to help with all your real estate needs.