Home > Uncategorized > New Buyer Incentive on HomePath® Homes

New Buyer Incentive on HomePath® Homes

September 26, 2010 Leave a comment Go to comments

Fannie Mae is offering buyers up to 3.5% in closing cost assistance on HomePath properties through December 31, 2010.

The qualifications to be eligible for the incentive are:

    • The initial offer must be submitted on or after September 23, 2010.  Must close on or before December 31, 2010 and close within 60 days of offer acceptance.
    • Only owner occupants purchasing a HomePath property will receive up to 3.5% in closing cost assistance.
    • Must request incentive upon submission of initial offer in order to be eligible.

      In addition, selling agents representing owner occupants purchasing a HomePath property will receive a $1,500 bonus.  No bonus will be given for investor purchases.

      Advertisements
      1. No comments yet.
      1. No trackbacks yet.

      Leave a Reply

      Fill in your details below or click an icon to log in:

      WordPress.com Logo

      You are commenting using your WordPress.com account. Log Out /  Change )

      Google photo

      You are commenting using your Google account. Log Out /  Change )

      Twitter picture

      You are commenting using your Twitter account. Log Out /  Change )

      Facebook photo

      You are commenting using your Facebook account. Log Out /  Change )

      Connecting to %s

      %d bloggers like this: