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St. Louis Real Estate Search

 

Freddie Mac Offering Closing Cost Assistance to Home Buyers

HomeSteps, the home-sale division of Freddie Mac, announced today it is launching a nationwide sales promotion on it’s inventory of foreclosed homes starting today.  The promotion, titled “The HomeSteps Summer Sales Promotion”, is offering up to pay buyer’s closing costs, up to 3.5 percent of the sales price and a bonus to the selling agent for offers on Freddie Mac homes originated between today and July 31st and that close by September 30, 2011.

In addition, Freddie Mac is offering a two-year Home Protect® limited home warranty that covers electrical, plumbing, air conditioning, heating and other major systems and appliances is offered on some eligible HomeSteps homes.  Home Protect also provides discounts of up to 30 percent on the purchase of appliances.  (Terms, conditions and limitations apply. Not all homes or borrowers will qualify. For details, click here.

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