In a move that will make it even more difficult to qualify for a condo loan, Fannie Mae is putting a host of new conditions on mortgages for condominiums. View from 345 Bayshore Condo Lending giant Fannie Mae is slapping tough new requirements Fannie Mae’s timing ”couldn’t be worse,” said Jack McCabe, a South […]
What is an REO Property?
Every hear of the term “REO”? This is more commonly known as a bank owned home or property for sale…..here are some interesting things to know when looking for a REO property. Real estate owned From Wikipedia, the free encyclopedia Real estate owned or REO is a class of property owned by a lender, typically […]