Home Buyer Incentives

by Evette Cecena, the Queen of HUD on November 2, 2010

If you haven’t heard, Fannie Mae is currently offering seller assistance incentives. The incentive is expanded to real estate agents as well. Qualified homebuyers who will be owner-occupants can receive up to 3.5 percent of the final sales price toward closing cost assistance, including a home warranty, if desired and available. In addition, selling agents representing owner-occupants receive a $1,500 bonus. Eligible offers must be submitted on or after September 23, 2010, and must close by December 31, 2010. The sale must close within 60 days of the offer being accepted.

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