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Joyce Godwin

RE/MAX Realty Center

Joyce Godwin - Houston Real Estate & Relocation

I would love to assist you if you are buying or selling your FIRST HOME or your NEXT HOME. If you are facing the possibility of foreclosure, call me - in many cases, there are options and alternatives, including the possibility of keeping your home

Fannie Mae Extends Homebuyer Assistance Program

May 3rd, 2010


April 27, 2010

Fannie Mae Extends 3.5 Percent Seller Assistance on its Real Estate Owned Properties

Incentive for HomePath® Properties Complements Ongoing Efforts to Stabilize Neighborhoods Across the Country

WASHINGTON, DC — Fannie Mae (FNM/NYSE) today announced the extension of its seller assistance incentive on all Fannie Mae-owned HomePath properties. Buyers will receive 3.5 percent of the final sales price to be used toward closing cost assistance or their choice of selected appliances. The offer is available to any owner-occupant who closes on the purchase of a property listed on by June 30, 2010.

"We are happy with the results of the program, which has helped us to sell properties quickly, thereby stabilizing neighborhoods and property values," said Terry Edwards, Executive Vice President of Credit Portfolio Management.

Source:  Fannie Mae Resource Center

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