In an effort to stabilize home prices in various communities, Fannie Mae® is offering consumer and buying agent bonuses to help move REO properties before the end of 2010.
- Homebuyers who will be owner-occupants of HomePath® properties can also receive up to 3.5 percent of the final sales price that can be used toward closing-cost assistance when they close by December 31, 2010.
- Fannie Mae pays listing agents representing its REO properties a standard commission of 2.5 percent, with a guaranteed minimum of $1,000.
- Buyer’s agents are paid commissions equal to 3 percent of the sales price, and now, a $1,500 BONUS on offers made on or after September 23, 2010 and closing within 60 days of the offer being accepted and before December 31, 2010.
To learn more about how you can take advantage of this unique opportunity, talk to your Axiom Financial Mortgage Consultant today. This special bonus doesn’t last long, so grab your opportunity to buy more home for less money NOW.