New Incentive Brightens Picture for Orange County Homebuyers

Posted on September 30, 2010. Filed under: First Time Buyer help, Making Life Easier, Orange County Real Estate | Tags: , |

More good news for Orange County homebuyers.  Fannie Mae has a new seller assistance incentive for Fannie Mae-owned properties listed on the company’s REO website, HomePath.

What’s it all mean for those of you in the market for a home? Just this. If you’re a qualified buyer, you could receive up to 3.5 percent of the home’s final sales price.  

This extra cash may be redirected into closing cost assistance, including any available home warranty. That’s a hefty chunk of change pouring right back into your pockets, folks. Of course, you’ve got to qualify for this wonderful offer. Here are the conditions in no particular order —

  • Initial offers must be accepted on or after September 23, 2010.
  • Property sales must close on or before December 31, 2010, with the closing to take place within 60 days of offer acceptance.
  • Buyers must be owner-occupants and confirm that the property will be their primary residence by completing a certification form (investors are excluded).

For more information about the incentive, visit HomePath.  And, of course, I’m always on board to help. Feel free to call, text, email, or tweet me.  I can be reached at 949.338.7408, angie@askangie.com,  @AngieWeeks or @WeeksTeam. Looking forward to hearing from you soon!

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    Orange County, CA Real Estate for hip first-time buyers and investors. Plus, fun things to know and do in OC.

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