If you are buying a homestead, please check out special incentives from Fannie Mae and Freddie Mac
July 1st, 2011
- Fannie Mae and Freddie Mac are offering special incentives to buyers if you buy one of their REOs as you primary homestead. In order to qualify for the incentives, you must be under contract no later than 7/31/2011 and close by9/30/2011 or 10/31/2011 as a general rule. Sorry, this is not for investors. There are existing inventory list in HomePath.com(Fannie) and HomeSteps.com(Freddie). Those incentives are received up to 3.5% of the final sales price to be used for closing cost assistance!have the Up to 30% savings on new appliances and 2-Year HomeProtect Limited Home Warranty!
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Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®