Great news for buyers!! Fannie Mae is offering 3.5% closing costs for buyers who purchase REO (aka foreclosure properties) by May 1st. Great news for first time homebuyers who want to keep some cash in hand to do home repairs!
Follow this link...
http://www.washingtonpost.com/wp-dyn/content/article/2010/01/28/AR2010012804752.html
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