Tag Archives: foreclosed homes
Foreclosures for rent
The sluggish housing recovery is prompting President Barack Obama to consider ways to take foreclosed properties off the market and rent them until prices stabilize. According to an article in the Wall Street Journal, home prices nationally were 7.4 p… Continue reading
Posted in Mortgages
Tagged foreclosed homes, foreclosures, home prices, Mortgages, rent
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Fannie offers closing cost help
Fannie Mae is reviving incentives to lure buyers, as it tries to unload its thousands of foreclosed homes.
The agency is offering to give buyers up to 3.5 percent of the selling price to be used toward closing costs. The incentive applies to offers sub… Continue reading
Posted in Mortgages
Tagged Fannie Mae, foreclosed homes, Mortgages
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