***$1,000 Sales Allowance paid to Owner-Occupant buyers who go under contract on a HUD property within its first 30 days on market***

        Only available to owner-occupant buyers; investor buyers not eligible

       Buyer financing type is irrelevant

-        Eligible properties are new listings which have a list date of June 4, 2008 or later

      Please note this incentive is available for new listings only; properties which were/are on market and re-list after June 4 are not eligible for the incentive

-        Contract must be received and executed within 30 days of property’s initial list date

      PEMCO has a dedicated staff member who will be processing all
eligible contracts on a priority basis, however agents are encouraged to allow for processing time when submitting contracts which are
eligible for the incentive

-        $1,000 Sales Allowance will show as a credit on the HUD 1

-        Do not alter the purchase price on the property to reflect the allowance

-        Agent do not need to mark anything on sales contract to receive the buyer allowance; allowance is automatically handled by PEMCO Admin for all eligible contracts