Last week Fannie Mae announced it is offering a 3.5 percent incentive for buyers who purchase and close on a property they own between January 28 and April 30, 2010.
Fannie Mae owned properties can be found both on the MLS and at Homepath.com.
Buyers Homepath properties may receive up to 3.5 percent of the final sales price for:
- Closing costs
- The purchase of new Whirlpool appliances by Fannie Mae or
- A mix of the two at the buyer’s discretion, up to the maximum of 3.5 percent
In order to be eligible for the incentive, offers must be accepted after January 28 and close before May 1, 2010. Investors aren’t eligible for the bonus.