 Fannie Mae paying for your closing costs?Friday, February 5, 2010 - Article by: Rich Iacovetta -
WATCH the video version of this blog HERE This week Fannie Mae announced that anyone purchasing a home using their program Home Path, would receive a 3 1/2% credit off the purchase price to be used towards closing costs or appliances. The offer is good on any owner occupied home purchased before May 1 that has been listed on the home path website. This is a great story, because there are over 6000 homes in California that qualify for this program, coupled with the fact that you only need to bring in 3% of your own money for a down payment and not pay a mortgage insurance. You'd be crazy not to jump on this deal. You can learn more about this program by visiting Fannie Mae's Home Path website at homepath.com Planning a family vacation this year? If you find yourself in Los Angeles on vacation anytime soon, Somewhere between Disneyland, Universal Studios, and the Hollywood walk of fame, you'll want to mix in a tour of LA's most infamous gang sites with the LA gang tours. Stops include the LA County Jail. The sight of the Symbianese liberation Army shootout, the Firestone station of Watts riots fame. Florence Avenue made famous by the LA riots, and so much more. Even though you have to sign a waiver stating there is a possibility that you might become a victim of gang violence, LA gang tours has truces in place with most of the gangs whose turf you'll be treading on. the price is normally $100 but if you act now they'll cut the price to $65. |
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