Closing Cost Assistance & Appliance Incentive for Fannie Mae REO Properties
Fannie Mae is offers up to 3.5% incentive for purchases of a Fannie Mae owned REO (foreclosed) home. The incentive is provided either as a contribution towards closing costs, new Whirlpool® appliances purchased for the buyer by Fannie Mae, or a combination of both.
To be eligible for this incentive:
Property sales must close before May 1, 2010
Buyers must be owner-occupants, investors are exclud
This information is relayed by aelroy@hobnjre.com