New Incentive for Buyers of Fannie Mae-Owned Properties
February 11, 2010
On January 28, 2010, Fannie Mae announced incentives for buyers to help clear its inventory of homes listed for sale on HomePath.com. To be eligible, a buyer must be the owner-occupant (not an investor), have the offer accepted on or after January 28, 2010, and close before May 1, 2010. Buyers may receive an incentive of up to 3.5% of the sales price for closing costs or the purchase of a new Whirlpool® appliance by Fannie Mae, or a combination at the option of the buyer.