Long Beach

Fannie Mae announces closing cost assistance – Homes available in the Long Beach area

Shannon Buying a Home , Featured Articles , Lakewood , Long Beach , Real Estate

Fannie Mae announced this week that people purchasing a Fannie Mae-owned HomePath property will receive up to 3.5 percent in closing cost assistance, but time is of the essence. The initial offer must be submitted on or after April 11, 2011; and the sale must close on or before June 30, 2011 to be eligible for the incentive. Additionally, buyers must reside in the home as their primary residence (sales to investors are excluded). In order to close by June 30th, buyers should be viewing homes and considering making offers soon. There are nearly 100 HomePath properties currently available in …