Anonymous
Anonymous asked in Business & FinanceRenting & Real Estate · 7 months ago

Have you ever bought a HUD / fannie mae or freddie mac home? What are the Pros and Cons of doing so?

2 Answers

Relevance
  • paul
    Lv 7
    7 months ago

    it is not a home , it is a lone for the home

    • Login to reply the answers
  • Anonymous
    7 months ago

    I did.

    Slight discount to fair market value.

    Mine as well as most need repairs & such. The cheaper the house, the more it needs. And some low end houses will not pass inspection which means no loan.

    • Login to reply the answers
Still have questions? Get your answers by asking now.