Wednesday, February 16, 2011

buy a government-owned REO at a huge discount!

RealtyTrac (logo) Monthly Newsletter
February 2011  
Top Story of the Month
Foreclosure Buyers at Forefront of Housing Comeback (image)
Government-backed REOs:
Uncle Sam wants you to buy.
A growing number of delinquencies and foreclosures on government-backed loans - combined with generous incentives for purchasing foreclosed homes owned by Fannie Mae, Freddie Mac and HUD - means buyers and investors will have plenty of opportunities in the coming months to pick up properties at bargain prices with low down payments and preferred financing.
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