Friday, January 29, 2010

3.5% Fannie Mae Closing Cost Assistance to Buyers

Fannie Mae announced today that buyers who are owner occupants purchasing a Fannie Mae-owned HomePath® property will receive up to 3.5 percent of the final sales price to be used toward closing cost assistance or their choice of appliances.

Here are some specifics of this offer:

You can get up to 3.5% towards closing costs, appliances, or a mix (remember, your lender may restrict the amount of money you can get from a seller).

Offers have to be accepted on or after January 28, 2010.

You have to close prior to May 1, 2010.

I know that a lot of buyers are frustrated about being out bid by investor buyers in our market. However, Fannie Mae homes have a policy in place that the first 15 days a property is listed only owner occupant offers are considered.

How do you find out about these homes?

Well, call Cindy to be put on our homes email alert. This email alert sends out property information to our clients as soon as it is uploaded to the MLS system. This gives our clients a head start over other buyers!

For more information about available Fannie Mae homes or any other ones please call Cindy at 702-807-3339 or visit our Las Vegas homes Web site.

We sell homes all over town - short sales and bank owned properties included. You deserve the best buyer representation.

Our clients can testify to our service - click here to see what they have to say.

Enjoy your Weekend!!!

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