March 2010 - Posts

What is Foreclosure?
08 March 10 10:11 PM | Amos Elroy | 0 Comments   
Though I am neither an attorney nor a mortgage broker, and I do not intend to offer any legal or financial advice, I find that there is a lot of confusion and misunderstanding of issues that revolve around foreclosures. I decided therefore to demystify Read More...
Closing Cost Assistance & Appliance Incentive for Fannie Mae REO Properties
03 March 10 09:09 PM | Amos Elroy | 0 Comments   
Fannie Mae is offers up to 3.5% incentive for purchases of a Fannie Mae owned REO (foreclosed) home. The incentive is provided either as a contribution towards closing costs, new Whirlpool® appliances purchased for the buyer by Fannie Mae, or a combination Read More...