Fannie Mae Extends the buyer credit/incentives
Fannie Mae is offering a 3.5% incentive* for buyers who purchase and
close on a Fannie Mae-owned home by June 30, 2010(which was suppose to
expire on April 30th). Buyers purchasing properties must 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: * Property sales must close by
June 30, 2010
* Buyers must be owner-occupants, investors are
excluded
*Lenders may impose their own limitations on the use of
the 3.5% incentive, so buyers should consult their lenders for guidance.
You
can contact your
Realtor
for list of Fannie Mae properties for visit
homepath
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