Due to strong buyer response, Fannie Mae has announced it will extend the deadline for an incentive program that allows home 
buyers to receive up to 3.5 percent in closing cost assistance on purchases of its HomePath foreclosed properties. Home buyers now have until April 30 to submit offers on the REO homes, and transactions must close by June 30 to be eligible. Originally, the incentive applied for offers submitted by March 31 and transactions that closed before May 31. See which states.
buyers to receive up to 3.5 percent in closing cost assistance on purchases of its HomePath foreclosed properties. Home buyers now have until April 30 to submit offers on the REO homes, and transactions must close by June 30 to be eligible. Originally, the incentive applied for offers submitted by March 31 and transactions that closed before May 31. See which states.
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