Thursday, April 5, 2012

Buy government-owned homes for sale now

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Best GSE to Buy From REALTYTRAC SPECIAL REPORT
Who's Best to Buy From: Fannie, Freddie or HUD?

Uncle Sam is America's largest landlord, owning about one-fourth of all foreclosed REOs (real estate owned) properties. With over 150,000 government-owned properties nationwide, homebuyers and investors have a large inventory to select from. But not all government-owned REO properties are created equal. Some government agencies offer larger discounts than others. Others sell faster. And one offers you the biggest discount.
Agency with biggest discount »
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Govt-Owned Homes with Favorable Financing

Many of the foreclosed homes posted on RealtyTrac that are owned by Fannie Mae, Freddie Mac and the U.S. Department of Housing and Urban Development come with favorable financing. This favorable financing often allows buyers and investors to purchase these properties with a lower down payment, lower credit score and no mortgage insurance.
Video: finding favorable financing »
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