Buy Freddie Mac Foreclosures and Get Major Financial Incentives, Free Warranty

In an effort to reduce its foreclosure inventory, Freddic Mac offers closing help and home warranty.

Freddie Mac, the nation's second-largest residential mortgage finance company, announced today that it is planning to offer foreclosre shoppers major incentives to buy up its inventory, including up to 3.5 percent of the sales price to assist with certain closing costs and a two-year home warranty. Freddie Mac reportedly had nearly 30,000 homes in its inventory as of early 2009, more than double that at the end of 2007.

To find Freddie Mac foreclosures near you, call your local Realtor or visit www.homesteps.com .

Your code to embed this article on your website* :

*You are allowed to change only styles on the code of this iframe.

Add your Comment

or use your BestCashCow account

or

Featured - 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
PenFed Credit Union
NMLS ID: 401822
6.818% 6.625% 1.00 $6,400 $2,049 Learn More
Tomo Mortgage, LLC.
NMLS ID: 2059741
6.994% 6.875% 0.63 $3,901 $2,103 Learn More
Rocket Mortgage
NMLS ID: 3030
7.451% 7.375% 0.75 $2,400 $2,211 Learn More
Neighbors Bank
NMLS ID: 491986
Learn More