Current "fannie mae" Homepath Specials; get em while they're HOT!

By
Mortgage and Lending with Bank of England Mortgage 385907

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!

that's  www.HomePath.com

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

that's $1200...extra

Warning!

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!   

close

Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Rosemary Brooks 07/04/2011 07:34 PM
Topic:
ActiveRain Community
Location:
Florida
Groups:
Realtors®
Keller Williams 'Rainers
RE/MAX Active Rain Bloggers
1st Time Buyers
Posts to Localism
Tags:
fannie mae
fnma
homepath
fort myers loan officer
cape coral loan officer
charlotte county loan officer

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Rainer
51,787
Jen Giraud
American Home Shield - Dallas, TX

Definitely a win-win scenario! Buyers love to get great deals and agents always love bonuses!! Thanks for sharing. Happy 4th!

Jul 04, 2011 06:40 AM #1
Rainmaker
288,859
Jay Beckingham
Bank of England Mortgage - Delray Beach, FL
Seniors ROCK!

Jen,

you're welcome. they're making it easier too. you already know to what degree they'll offer the buyer assistance. Me, i like it easy.

have a safe and happy 4th

jay

Jul 04, 2011 06:42 AM #2
Ambassador
566,489
Rosemary Brooks
BMC Real Estate - 209-910-3706 - Stockton, CA
The Mother & Daughter Realty Team

Great coverage. I believe I will reblog.  Thanks for sharing.

Jul 04, 2011 07:31 PM #3
Rainer
126,111
Cristina Salcedo
REMAX Champions - Riverside, CA
Corona, Riverside Realtor

Thank you for the reminder.  The first look policy give our owner occupied first time buyers a fair chance without the competition of the all cash buyers.  Love the buyers closing cost and bonus to the agent also.

Jul 04, 2011 07:52 PM #4
Rainmaker
288,859
Jay Beckingham
Bank of England Mortgage - Delray Beach, FL
Seniors ROCK!

Rosemary,

thanks, i always consider reblogging a compliment.

Christina,

you're welcome. i agree that "first look" is a nice feature. it gives the first time buyers a clean shot, without investor interference. at least for the first 15 days.

 

thanks,

jay

Jul 05, 2011 05:37 AM #5
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Rainmaker
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Jay Beckingham

Seniors ROCK!
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