Temecula first time home buyers can have the best REO deals come to them

First time home buyers who have decided that 2012 is the year they will quit paying their landlord's mortgage and start reaping the benefits of homeownership have a new tool that will bring the best REO deals right to them.

First time home buyers know that searching for homes "just like real estate agents" can be a tedious task and when your time is at a premium, having a tool that will bring the best deals right your desktop can make your home search process a lot simpler.

Fannie Mae is the owner of about 70% of all the REOs nationwide and if you saw our previous post about the steps Fannie Mae is taking to make them the "best deals" on the market, then using the new search tool will deliver those deals right to you.

Before you sign up for the alerts, watch this video that explains why Fannie Mae REOs may be the answer to your home search questions.



To sign up go to the Fannie Mae HomePath page and enter the zip code where you want your first home to be.
Then just enter your name and email address and you're set. (It's a double opt in, so you will be getting a confirmation email)
Fannie Mae homes also have some very attractive financing options for first time home buyers including 100% financing (selected areas), 1% down payments and 3% down payments with HomePath loans. From time to time Fannie Mae offers special incentives to first time home buyers in the form of closing cost assistance. For more information click here

For help to find the right financing for you, click here.
If you aren't currently working with a real estate agent, click here and we'll hook you up with one who knows how to help first time home buyers get a Fannie Mae REO.