To address their growing inventory of properties, Fannie Mae and Freddie Mac are working to sell nearly 150,000 foreclosed homes. That means incentives to the buyers out there, YOU!

WASHINGTON, DC — Fannie Mae announced that qualified home buyers who will be owner-occupants can:NEW UPDATE - Receive up to 3.5 percent of the final sales price that can be used toward closing cost assistance, including a home warranty, if desired and available.Fannie Mae to offer 3.5 percent buyer assistanceFannie Mae recently announced that people purchasing a Fannie Mae-owned HomePath property will receive up to 3.5 percent in closing cost assistance. The initial offer must be submitted on or after April 11, 2011; and the sale must close on or before June 30, 2011, to be eligible for the incentive. Additionally, buyers must reside in the home as their primary residence (sales to investors are excluded).

  • Down payments as low as 3 percent on 30-year mortgages. NOTE: smaller down payments generally translate into higher monthly mortgage payments.
  • Fannie Mae-owned home, doesn’t require private mortgage insurance, which most lenders require for buyers who put down less than 20 percent

The sale must close within 60 days of the offer being accepted."More than eighty-seven thousand families have purchased HomePath® properties in the first half of 2010 — nearly double the number of Fannie Mae foreclosed properties sold in the first half of 2009," said Terry Edwards, Executive Vice President of Fannie Mae's Credit Portfolio Management. "We continue to look for ways to stabilize neighborhoods and offer incentives to qualified buyers who will occupy these properties over the long-term and help support their communities."HomePath properties are owned by Fannie Mae and include a wide selection of homes, including single-family homes, condominiums, and town houses. HomePath properties may also be eligible for special HomePath Mortgage and HomePath Renovation Mortgage financing.CALL TODAY FOR A COMPLETE LIST  Click HomePath & Reo Properties!

NEW HOT LIST OF PROPERTIES

If NEW and no price, then property is in sneak preview before it goes to the MLS  and then offers can be submitted.

 
453 K STCHULA VISTA, CA 91911
NEW

 

4313 5TH AVESAN DIEGO, CA 92103
NEW

 

655 LANDIS AVECHULA VISTA, CA 91910
NEW

 

6737 LAMBERT WAYSAN DIEGO, CA 92115
NEW

 

10365 CAMPO RDSPRING VALLEY, CA 91978
BACK ON MARKET
List price: $234,900

 

3316 JUANITA STSAN DIEGO, CA 92105
NEW
List price: $203,500

 

3457 DYE RDRAMONA, CA 92065
BACK ON MARKET
List price: $219,900

 

5765 FRIARS RD UNIT 150SAN DIEGO, CA 92110
NEW

 

507 DANNY STEL CAJON, CA 92021
NEW
List price: $343,900

 

10223 BUENA VISTA AVESANTEE, CA 92071
BACK ON MARKET
List price: $174,900

 

4969 CAMINO DAVIDBONITA, CA 91902
PRICE REDUCED
List price: $209,900

 

3282 CORAL GATE LNSAN YSIDRO, CA 92173
NEW

 

8731 CALLE ROSADOEL CAJON, CA 92021
NEW

 

2449 WHITE WING DRJAMUL, CA 91935
NEW
List price: $93,900

 

2020 CAMINO DE LA REINA UNIT 118SAN DIEGO, CA 92108
PRICE REDUCED
List price: $159,900

 

9914 N MAGNOLIA AVESANTEE, CA 92071
NEW

 

2019 LAKERIDGE CIR UNIT 201CHULA VISTA, CA 91913
PRICE REDUCED
List price: $151,900

 

514 S LIVE OAK PARK RDFALLBROOK, CA 92028
NEW

 

2726 HAZELNUT CTCHULA VISTA, CA 91915
PRICE REDUCED
List price: $211,900

 

3533 PASEO DE ELENITA UNIT 197OCEANSIDE, CA 92056
NEW

 

12914 CONLEY STPOWAY, CA 92064
PRICE REDUCED
List price: $326,900

 

6454 AKINS AVE UNIT 402SAN DIEGO, CA 92114
BACK ON MARKET
List price: $74,900

 

575 OTAY LAKES RD UNIT 34CHULA VISTA, CA 91913
PRICE REDUCED
List price: $236,900

 

4969 CAMINO DAVIDBONITA, CA 91902
PRICE REDUCED
List price: $209,900

 

3533 PASEO DE ELENITA UNIT 197OCEANSIDE, CA 92056
NEW

 

2726 HAZELNUT CTCHULA VISTA, CA 91915
PRICE REDUCED
List price: $211,900

 

514 S LIVE OAK PARK RDFALLBROOK, CA 92028
NEW

 

430 COUNTRY CLUB DRESCONDIDO, CA 92029
NEW
List price: $331,900

 

2020 CAMINO DE LA REINA UNIT 118SAN DIEGO, CA 92108
PRICE REDUCED
List price: $159,900

 

9914 N MAGNOLIA AVESANTEE, CA 92071
NEW

 

11354 VIA RANCHO SAN DIEGO UNIT CEL CAJON, CA 92019
PRICE REDUCED
List price: $264,900

 

9768 CAMINITO BOLSASAN DIEGO, CA 92129
NEW

 

3147 CLUB CIRCLE WBORREGO SPRINGS, CA 92004
NEW

 

1140 RAMONA STRAMONA, CA 92065
PRICE REDUCED
List price: $279,900

 

509 10TH STRAMONA, CA 92065
BACK ON MARKET
List price: $197,900

 

7505 CHARMANT DR UNIT 1604SAN DIEGO, CA 92122
NEW

 

5464 OLIVE ST UNIT ASAN DIEGO, CA 92105
BACK ON MARKET
List price: $185,000

 

3302 SAN RAFAEL ROADBORREGO SPRINGS, CA 92004
NEW

 

5061 LA CUENTA DRSAN DIEGO, CA 92124
NEW

 

777 6TH AVE UNIT 321SAN DIEGO, CA 92101
PRICE REDUCED
List price: $199,900

 

1845 SEBASTOPOL STCHULA VISTA, CA 91913
PRICE REDUCED
List price: $314,900

 

46294631 TEXAS STSAN DIEGO, CA 92116
NEW

 

1835 CUISSE LANELAKESIDE, CA 92040
PRICE REDUCED
List price: $99,900

 

1021 SCOTT ST APT 106SAN DIEGO, CA 92106
BACK ON MARKET
List price: $124,900

 

1030 E WASHINGTON AVE UNIT 119ESCONDIDO, CA 92025
NEW
List price: $106,900

 

10850 CARBET PLSAN DIEGO, CA 92124
BACK ON MARKET
List price: $244,900

 

5750 AMAYA DR UNIT 34LA MESA, CA 91942
PRICE REDUCED
List price: $159,900

 

12027 ROYAL RD UNIT 8EL CAJON, CA 92021
BACK ON MARKET
List price: $129,900

 

2417 LAKE FOREST STESCONDIDO, CA 92026
NEW
List price: $292,100

 

3909 MONROE AVE 201SAN DIEGO, CA 92116
NEW
List price: $204,900

 

Search yourself below[iframe http://realestatelistings.1parkplace.com/47042/Sandicor/Search?cirrusServiceID=224&cirrusCriteria=centerLat-33.07313|centerLng--116.80114|nwLat-33.66950|nwLng--117.79678|seLat-32.47269|seLng--115.80550|zoom-9|propType-0,1,2,4|status-1|legalstatus-2 750 900]County Properties, 24 years of brokerage experience, trust and a Member of the local Better Business Bureau! We offer free counseling in real estate regarding; home values and information on options of selling vs. Foreclosure.Click here to get loan information before the rates go up. To get started on viewing homes, condos, investment properties, pre-foreclosures, bank owned foreclosures (REO's) or thinking of selling your property, please contact me today for free counseling at (619) 301-0200 .By the way…if you know of someone who would appreciate the level of service in real estate we provide, please call me or have them go to www.CountyProperties.net/ and I’ll be happy to follow up and take great care of them.