Mobile: (520) 313-0352    Email:
Yvette M. Palmer, Associate Broker
Freddie Mac/Homesteps

Buying Freddie Mac properties can be a great way to save on all kinds of great real estate. Since Freddie is a lending agency, they sometimes have to deal with repossessions and foreclosures. When a homeowner defaults on a mortgage, Freddie Mac's lenders will seek to repossess the home as a means of recovering the unpaid loan.They then sell the properties as foreclosures with some of our local real estate agencies through our Santa Cruz County Multiple Listing Service.