Real Estate and Events in Katy TX and Surrounding Communities

 Fannie Mae is trying to lure more buyers to its foreclosure properties by offering to cover 3.5 percent in closing costs for home owners who close by June 30 on its HomePath properties.

Fannie’s HomePath program provides low down payment financing on REO property sales and has no requirements for mortgage insurance or appraisals. 

REALTOR® Magazine-Daily News-Fannie Offers Closing Cost Help for REOs.

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