First of all let me make a point here.
If you're not familar with fannie mae's Homepath you really should take some time and check it out.
There's some additional sales there!
Specials! Specials! Specials!
First for the buyers;
for buyers purchasing primary residences fannie mae will pay 3.5% of the purchase price toward YOUR closing costs!
Also, just a reminder here, it's only a 3% downpayment, AND because of the fannie mae "FIRST LOOK" policy, you get first crack at the properties, as investors can not make an offer over the first 15 days.
See that web address up there? well check it out!
Next for the (selling) Realtors;
fannie mae will pay an additional $1200 bonus to the selling Realtor
make sure you check the site and write the contract correctly.
transactions must close by October 31st
Okay, here's what we've got;
3.5% buyer closing cost assistance
$1200 selling Realtor bonus
All I can say is
get em while they're HOT! HOT! HOT!