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May 20, 2012

Freddie Mac Foreclosures

Freddie Mac foreclosures are becoming a popular choice amongst first time buyers and real estate investors. These properties are listed for sale through HomeSteps; a home purchase program that offers discount properties and special incentives.

Freddie Mac foreclosures are nearly identical to Fannie Mae properties sold through Home Path Mortgage. Both programs offer a first look initiative that gives individual buyers first right to buy during the initial 15 days of listing. Afterwards, real estate investors are allowed to submit purchase offers.

Real Estate Investing article on "Freddie Mac Foreclosures "