This just came in to my inbox:
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Fannie Mae offers 3.5% Buyer Assistance on HomePath Properties
Fannie Mae wants to help more buyers afford to purchase their new home. That is why we are offering up to 3.5% in closing cost assistance for HomePath® properties beginning April 11 through June 30, 2011.
Eligibility Details
- Initial offers must be submitted on or after April 11, 2011.
- Buyers must be owner occupants (i.e., the home will be their primary residence), and buyers are required to sign an Owner Occupant Certification Rider to the Purchase Addendum with all initial offer submissions.
- Sale must close on or before June 30, 2011.
- Other restrictions apply. For more information about the offer including the terms and conditions, visit the Special Offers tab at HomePath.com.
HomePath.com
Search HomePath.com today for the most updated list of properties. And remember, all owner occupants enjoy a 15-day preview of all HomePath properties — without competition from investors — through Fannie Mae’s FirstLookTM period.
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HomePath does seem to be a good program. They also typically only require a low downpayment. 3-3.5% I believe. Let me know if you’d like me to run a search to see if there are any HomePath homes in the Steamboat Springs CO area you might be interested in.