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 .

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