Florida Mortgage Trends

Buyer 3.5% up to 3.5% in Incentives; Selling Realtors $1500 Incentives

September 28th, 2010 10:32 AM by Scott Bray

Fannie Mae Offers REO Seller Assistance, Agent Incentives

Tuesday, September 28, 2010

Fannie Mae is offering seller assistance incentives on its bank-owned properties listed on the company’s REO website, while expanding the initiative to offer an incentive to real estate agents and brokers.

Qualified homebuyers who will be owner-occupants can receive up to 3.5% of the final sales price that can be used toward closing cost assistance, including a home warranty.  

In addition, selling agents representing owner-occupants will receive a $1,500 bonus. Eligible offers must be submitted on or after Sept. 23 and must close by Dec. 31, 2010. The sale must close within 60 days of the offer being accepted.

Information about HomePath properties, including single-family homes, condominiums, and town houses, can be found at www.HomePath.com. These properties may also be eligible for special HomePath Mortgage and HomePath Renovation Mortgage financing. 

AmeriBest Mortgage is a approved lender offering this special HomePath mortgage financing.  To learn more about the advantages of HomePath financing, contact AmeriBest Mortgage today at (321) 777-7277.

Lowest Rates in 50 years! Tell your family & friends to refinance today!

Posted in:General
Posted by Scott Bray on September 28th, 2010 10:32 AM


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