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 HomePath.com 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 www.HomePath.com, read the press release on fanniemae.com, 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.

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