Freddie Mac Offering incentives to Buyers and Agents to move their REO inventory

It's deal time. However most of these properties will not be associated with
great schools.

Think Hayward, parts of Newark, Tracy, Fresno, San Leandro.

From DS News

> Freddie Mac Offering Selling Agent Bonuses to
Move REOs

Freddie Mac announced Monday the launch of a nationwide sales promotion for
its inventory of foreclosed homes. Selling agents will receive a bonus of
$1,200 for initial offers received between May 16th and July 31st with
escrows closed on or before the final day of September. The extra incentive
applies to Freddie Mac's HomeSteps properties sold to owner-occupant buyers.
As of the end of the first quarter, Freddie Mac held 65,174 REO homes.
> > Read More



Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive)
38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536

CA DRE#: 01173766