Tri-Valley Mortgage News

San Jose, Ca Real Estate-Fannie Mae HomePath Listings and Loan Info, Cari Anderson, Diversified Mortgage Group

San Jose, Ca Real Estate-Fannie Mae HomePath Listings and Loan Info, Cari Anderson, Diversified Mortgage Group

San Jose, Ca Real Estate-Fannie Mae HomePath Listings and Loan Info, Cari Anderson, Diversified Mortgage Group

 

The Fannie Mae HomePath Loan is for homes currently owned by Fannie Mae. The biggest draw to this type of financing is that there is no appraisal required since Fannie Mae already owns the property and has set the sales price. Also to the buyers advantage is the fact that many of these homes are priced under market value, so purchasing such a property gives the buyer built-in equity immediately!

You can find current listings in your area at www.homepath.com

Currently there are 21 active HomePath listings in San Jose, CA and 2 properties "coming soon."  There are 21 properties under contract. The home prices range from $119,900 to $506,000.

 

San Jose, Ca Real Estate-Fannie Mae HomePath Listings and Loan Info, Cari Anderson, Diversified Mortgage Group

If you are interested in HomePath Financing, I can help you get fully approved before you start your home search. With no appraisal required Diversified Mortgage Group can close your loan in as few as 15 days!

For more info on the HomePath loan, see my previous post here.

                         Cari Anderson Tri Valley Mortgage Expert

Diversified Mortgage Group

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Cari CA Real Estate Broker License 01220718...NMLS License ID 234849

3 commentsCari Anderson • April 26 2010 01:03PM