Freddie Mac offering to pay future condo fees through HomeSteps special

HomeSteps, the home-sale division of Freddie Mac, announced “Condo Cash”, a special limited-time offer to pay up to $1,500 in future condo fees for eligible buyers purchasing a condominium being sold through the Freddie Mac HomeSteps program. This special offer is limited to buyers who submit offers between August 15th and November 15th and close on the purchase on or before December 30, 2011. In addition, to be eligible for “condo cash”, the condo must have been on the market for at least 120 days and the purchaser has to be an owner-occupant.

Another perk offered on some HomeSteps homes is a two-year limited warranty that covers electrical, plumbing, air conditioning, heating and other major systems and appliances.

For complete terms on this program, click here.


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