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 Executive REO Properties and Foreclosures.
There are many beautiful areas in Nashville TN, which we show to buyers who are new to the area. There are some good deals on REO/bank owned properties in the Nashville, Brentwood, Franklin, Oak Hill, Belle Meade areas.
Please be aware that bank owned properties require that 'proof of funds to close' or mortgage commitment letter be submitted with all offers to purchase. We have private banking lenders who can help if you need a mortgage. EMAIL US! for a current list of 'great deals,' or for a list of private banking lenders.
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Fannie Mae Foreclosure HomePath Financing
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Martin Harris at Regions Bank sent me information about Fannie Mae Foreclosures and HomePath financing, featuring low down payment (10%) for investors on qualifying properties:
We are pleased to announce that Regions Bank has been added as a HomePath Mortgage Lender...... if you have a client purchasing a Fannie Mae foreclosure. Regions is one of the FEW banks in Tennessee that can do provide very special and unique financing whereby there is:
NO APPRAISAL REQUIRED
NO MORTGAGE INSURANCE
ONLY 3% DOWN IF OWNER OCCUPIED
ONLY 10% DOWN IF INVESTOR PROPERTY (the usual down payment is 20% down) Call or email us to get started on this program and take advantage of this great financing. Martin Harris at Regions Bank can pre-approve you for the mortgage and we will be off and running to get you a good deal on a property in Middle Tennessee! Investors, this is especially great news for you if you want a lower down payment than what is usually required! For more information on available properties in Tennessee, call or email us! |
FAQ And Tips On Foreclosures
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Have you ever asked these questions: What does "REO" mean? How can you identify foreclosures in MLS? Will the banks repair their properties?
Have this e-report instantly emailed to you to get some of the answers.
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