1 Articles match "CA","Properties","Wells Fargo"
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First-Time Buyers Get Help with CA Foreclosure Purchase
The catch is buyers have to be willing to buy their dream home in one of the designated areas approved by CalFHA — such as Alameda, Contra Costa and Riverside counties — and the foreclosure property must be specifically set aside for the program and owned by one of the participating lenders — including Wells Fargo, HomeEq, CitiMortgage and Fannie Mae. The lenders (and hopefully more will come forward as the program gets going) have all agreed to price the properties at 12 percent below market value. First-time homebuyers in California are getting help in purchasing their piece of the American Dream thanks to a public-private partnership and $200 million in bond funds allocated to the California Housing Finance Agency (CalFHA). Gov.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
|
-
First-Time Buyers Get Help with CA Foreclosure Purchase
The catch is buyers have to be willing to buy their dream home in one of the designated areas approved by CalFHA — such as Alameda, Contra Costa and Riverside counties — and the foreclosure property must be specifically set aside for the program and owned by one of the participating lenders — including Wells Fargo, HomeEq, CitiMortgage and Fannie Mae. The lenders (and hopefully more will come forward as the program gets going) have all agreed to price the properties at 12 percent below market value. First-time homebuyers in California are getting help in purchasing their piece of the American Dream thanks to a public-private partnership and $200 million in bond funds allocated to the California Housing Finance Agency (CalFHA). Gov.
www.foreclosurepulse.com
- Tuesday, December 16, 2008