Incentives to buy Ocala foreclosures
No it’s not a crazy come on or infomercial. Fannie Mae the huge federal agency is offering incentives to buy Fannie Mae owned foreclosures.
Here is how it goes.
You must buy and close on a Fannie Mae foreclosure between Jan 28 and April 30, 2010.
Fannie Mae is offering 3.5% of the sold price that can be used for closing costs or to buy Whirlpool appliances through Fannie Mae or the buyer can do a combination of closing costs and appliances. Buyers must be owner occupants.
According to the Fannie Mae web site. Lenders may impose their own limitations on the use of the 3.5% incentive, so buyers should consult their lenders for guidance.
Many foreclosures in the Ocala area are either homes that never had all the appliances or the homes were burglarized and the appliances were stolen.
If you are interested in foreclosures in Ocala and surrounding Marion County email me or use the Dream Home Finder in the left column of my blog.
