Fannie Mae is extending the 3.5% incentive for homebuyers who purchase and close on a Fannie Mae-owned home by June 30, 2010.

Buyers purchasing properties listed on HomePath.com will continue to be offered an incentive of up to 3.5% of the final sales price to be used towards one of the following: Closing costs, The purchase of new Whirlpool appliances, A mix of closing costs and appliances (at the buyer’s discretion) up to the maximum 3.5%.

Eligibility

To be eligible for this incentive:

  • Property sale must close on or before June 30, 2010
  • Buyer must be an owner-occupant (second homes are eligible as long as they are owner-occupied) — investors are excluded

The incentive reinforcesĀ Fannie Mae’s commitment to stabilizing communities and assisting buyers. For more information about this incentive, visit HomePath.com, read the press release or contact a Fannie Mae listing broker.