Did you know that Fannie Mae sells homes?
Fannie Mae works with all of its partners to help homeowners prevent and avoid foreclosure; however, sometimes it is unavoidable. When foreclosures occur on mortgages in which Fannie Mae is the investor, their goal is to sell properties in a timely manner.
When buying a Fannie Mae-owned home, as in any home, you should know the condition of the property, the cost of any needed repairs, and the steps in the loan qualification, current market conditions of the location of the property and closing process before you enter into a purchase and sales agreement.
There are many homes for sale through Fannie Mae. However, you must make an offer through a real estate professional. I would be happy to assist you. Contact me today with any questions on the process, a list of homes, special financing and more.