Fannie Mae Extends Its Assistance Incentive

Seller Assistance Program Helps San Mateo Buyers

In an effort to continue the stabilization of neighborhoods throughout the country, including San Mateo County, Fannie Mae has extended its assistance program.

Homepath REO’s

Homepath is Fannie Mae’s “subsidiary” handling the sale of its foreclosures. In order to get those properties sold Fannie is offering 3.5% of the purchase price for buyers to use as closing costs, the purchase of new appliances or a combination of both – you choose.

Homepath Mortgages

The Homepath Mortgage offers a minimum 3% down payment, no appraisal or mortgage insurance required.

The Homepath Renovation Mortgage allows for financing for both the purchase and light renovation.

Time Is Running Out

The program ends June 30th, 2010 – you must have your keys by then – and is only available on select properties – those owned by Fannie Mae.

Current Properties Available Include:

370 IMPERIAL WY #349, Daly City $179,900
1090 MAIN ST #202, Redwood City $225,900
50 N SAN MATEO DR #107, San Mateo $399,900
1107 MISSION RD #104, South San Francisco $184,900
8144 SHELTER CREEK LN, San Bruno $333,500
173 PALOMA AV, Pacifica $569,900
254 WOODROW ST, Daly City  $559,900
1551 SOUTHGATE AV #361, Daly City $219,900

Need More Information?
call me ~ text me ~ email me
I’m here to help.

Vicki Moore, Realtor
DRE 01234539
Alain Pinel Realtors

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Vicki Moore About Vicki Moore

RE/MAX Star Properties
282 Redwood Shores Parkway
Redwood Shores, CA 94065

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