New Fannie Mae HomePath Sales Incentive

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Purchasing a Fannie foreclosure just got more enticing for your owner occupants!


Fannie Mae Offers New Closing Cost Assistance and Appliance Incentive for Homebuyers


Fannie Mae is offering a 3.5% incentive for buyers who purchase and close on a Fannie Mae-owned home between January 28 and April 30, 2010. Buyers purchasing properties listed on that are closed within this period may receive up to 3.5% of the final sales price for:


·         Closing costs;

·         The purchase of new Whirlpool® appliances by Fannie Mae; or

·         A mix of closing costs and appliances, at the buyer's discretion, up to the maximum 3.5%.

To be eligible for this incentive:

·         Offers must be accepted on or after January 28, 2010;

·         Property sales must close before May 1, 2010, and;

·         Buyers must be owner-occupants (investors are excluded).


The incentive reinforces the organization's commitment to stabilizing communities and assisting buyers. For more information about this incentive, visit, read the press release on, or contact a Fannie Mae listing broker.

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This page contains a single blog entry by Joel Wilmoth published on February 1, 2010 11:50 AM.

The Best Financing For Your REO Offer was the previous entry in this blog.

Right Idea Just Not Implemented Correctly is the next entry in this blog.

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