Buying Fannie Mae Foreclosure Tips -

: If you are a first-time buyer (meaning you haven't owned a home in three years), completing Fannie Mae's online HomeView education course can qualify you for up to 3% of the purchase price back in closing cost assistance. You must finish this course before submitting your offer.

: Fannie Mae will not make repairs or renovations based on your request. Budget for hidden costs like roof repairs, HVAC issues, or outdated electrical systems that may only be revealed through a professional inspection. buying fannie mae foreclosure tips

Compare loan requirements for foreclosures? : If you are a first-time buyer (meaning