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fannie mae: Fannie Mae: HomePath 3.5% Buyer Incentive - 04/11/11 02:37 PM
Over and Over again I have heard buyers asking when will the Buyer incentives be back... I guess buyers have learned that lenders will roll out Buyer Incentive all they have to do is wait. So here you are buyers the NEWEST Fannie Mae Buyer Program .
Fannie Mae will offer up to 3.5% closing cost assistance from April 11 through June 30, 2011.
Eligibility The HomePath offer, buyer and selling agent must meet the following qualifications to be eligible for either incentive:
Buyer incentive must be requested at the initial offer submission. Initial offer must be submitted on or after … (2 comments)

fannie mae: Fannie Mae announces relief for investors - 10/27/09 08:09 PM
Fannie Mae announces relief for investors
 Fannie Mae announced that its new Payment Reduction Plan (PRP) will provide forbearance for borrowers who are ineligible for the Home Affordable Modification Program (HAMP).  The mortgage principal and interest payments will be reduced by up to 30% for borrowers qualified for PRP, which replaces Fannies HomeSaver Forbearance program. PRP reduces the payments by 30% rather than the previous 50% under HomeSaver Forbearance, because permanent solutions are closer to 30%, Faith said.  Faith added that non-owner-occupied properties became eligible under PRP, and owners will receive new options and support for their investment properties and second … (1 comments)

 
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Eric Reid

Lawrenceville, GA

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Renaissance Realty Group

Address: 162 East Crogan Street, B, Lawrenceville, GA, 30046

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Welcome to Renaissance Realty Group Blog hosted by Eric Reid. This Blog will provide you with valuable information, tips, and general insight into Real Estate and all things related to Real Estate.
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