Fannie Mae Says : “Cash Out” Your Free-And-Clear Home
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My latest piece for HSH.com is live.
Pay Cash For A Home, Get Your Cash-Back Tomorrow
Today’s article is titled “Pay cash for a home today, ‘cash out’ tomorrow”. Click here to read it.
An excerpt:
Cash-paying homebuyers represent a growing part of housing market, accounting for 29 percent of all home sales in June, according to the National Association of Realtors. And now, because of a favorable Fannie Mae rule change, today’s cash buyers can purchase homes without sacrificing so much liquidity. New mortgage guidelines erase the standard six-month waiting period to take “cash out” of a home.
The piece discusses about the new Fannie Mae Delayed Financing Rule and how cash buyers use the program to their advantage.
Read the full article or get a Delayed Financing no-obligation rate quote.
Get A Delayed Financing Rate Quote
Not every bank offers Delayed Financing but Waterstone Mortgage does. Even for investors with 5-10 properties.
You can click here to get a rate quote.
A Summer Buyers Market : Home Supplies Are Rising
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