Fannie Mae Sales: 3.5 Percent Back

February 01, 2010

Fannie Mae on January 28, 2010 announced a new program through which owner occupant buyers of any of its owned real estate (REO) will receive a 3.5 percent rebate on the final sales price.  The rebate can be used either for closing costs or as a credit for purchase of appliances.  The offer is available for any purchase of one of Fannie Mae’s HomePath properties until May 1, 2010.  These properties are listed on Fannie Mae’s HomePath website.