Fannie Mae Extends HomePath Buyer Incentive

Fannie Mae has seen the flock of buyers viewing their properties because of their HomePath buyer incentives.  If a buyer and real estate agent write an offer after June 14th and close by October 31, 2011, then they may be eligible for the seller to pay 3.5% of buyer’s closing cost.   For a $275,000 home, the seller will pay about $10,000 for extra costs that are associated with the sale.  If the buyer also takes advantage of the 100% USDA financing, a buyer can own a home with very little funds.   Tell a friend or family member who is interested in making an investment in their future.  For more information on the program and finding a lender call Kristen at 831.635.6719 and visit Fannie Mae for complete rules and regulations.

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