|To encourage the purchase of REO properties,Fannie Mae is introducing a closing cost incentive for home buyers for primary residence purchases with a closing date on or before June 30, 2011. This incentive reinforces Fannie Mae’s commitment to stabilizing communities and assisting buyers purchasing a HomePath® REO home.Overview of incentive:
Buyers purchasing properties listed on HomePath.com will be offered an incentive of up to 3.5% of the final sales price that can be used toward closing cost assistance.
|To be eligible for the incentive:|
|Contact me today to learn how HomePath® financing can get buyers into homes!|
Ricardo Cobos is a Mortgage Loan Officer in Raleigh North Carolina expertly assisting financing homes with no money down using USDA Guaranteed Rural Development Loans and Down Payment Assistance Grants.