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HomeSteps® Launches Nat'l Summer Sales Promotion! Closing Cost Assistance & Selling Agent Bonus!

HomeSteps, which is the real estate sales unit of Freddie Mac, is launching a nationwide sales promotion for its inventory of foreclosed homes starting today.

 
The HomeSteps Summer Sales Promotion offers: up to 3.5 percent buyer's closing cost, and a $1,200 selling agent bonus on initial offers received between May 16, 2011 - July 31, 2011, and escrows closed on or before September 30, 2011. This is only valid for HomeSteps owner-occupied home buyers.

In addition, a 2 year Home Protect® limited home warranty is offered on some eligible HomeSteps homes. Home Protect also provides discounts of up to 30% on appliances. Note: Rules apply, not all homes or borrowers will qualify. For details, see www.HomeSteps.com/smartbuy.

For HomeSteps Summer Sales Promotion details and conditions, visit http://www.HomeSteps.com.

Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than five million renters.

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Fannie Mae Announces New Incentives for HomePath® Properties


Up to 3.5 Percent Seller Assistance; Selling Agent Receives $1,500 Bonus

Fannie Mae (FNMA/OTC) today announced a seller assistance incentive on Fannie Mae-owned properties listed on the company's REO website, www.HomePath.com, and expands the initiative to offer an incentive to real estate agents and brokers. Qualified homebuyers who will be owner-occupants can receive up to 3.5 percent of the final sales price that can be used toward closing cost assistance, including a home warranty, if desired and available. In addition, selling agents representing owner-occupants will receive a $1,500 bonus. Eligible offers must be submitted on or after September 23, 2010, and must close by December 31, 2010. The sale must close within 60 days of the offer being accepted.

"More than eighty-seven thousand families have purchased HomePath® properties in the first half of 2010 - nearly double the number of Fannie Mae foreclosed properties sold in the first half of 2009," said Terry Edwards, Executive Vice President of Fannie Mae's Credit Portfolio Management. "We continue to look for ways to stabilize neighborhoods and offer incentives to qualified buyers who will occupy these properties over the long-term and help support their communities."

HomePath properties are owned by Fannie Mae and include a wide selection of homes, including single-family homes, condominiums, and town houses. HomePath properties may also be eligible for special HomePath Mortgage and HomePath Renovation Mortgage financing.

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Wow, this is what I like to see! The following info is from the home page of their website:

http://earthfriendlymoving.com/greenbox/

Why are we cutting down our trees to make a cardboard box that's used once, maybe twice, to just throw it away in a landfill?

It doesn't make any sense, when over 20 percent of the American population packs and moves each year- generating massive quantities of waste, that ultimately ends up in a landfill. It's a huge problem and we haven't had a choice or a gree sustainable solution in over 230 years.

New or used cardboard boxes are just too expensive, very inefficient, extremely wasteful and really bad for our planet; as you'll learn in the following pages.

The more you learn about Rent A Green Box and our Zero Waste Solution, the more you'll see that we really need to RETHINK how we pack and move in America.

We have a solution that's a win for you, a win for the environment and a win for the economy. Rent A Green Box is cheaper, faster and easier than using a new or used cardboard box. We're in business to help you green your move. Move Green and Save Green with our zero waste alternative.

Our idea is remarkably simple. Spencer Brown, the founder and brain child behind Rent A Green Box has re-invented the cardboard moving box from 100% hard to recycle plastic trash mined from local landfills.

His invention is called The Recopack and it stands for [recycled ecological packing solution]. Available in 3 sizes and delivered direct to your door on our fleet of super green eco-trucks powered by waste vegetable oil and bio-fuel.

We deliver them a week before you move and pick them up a week after giving you 2 full weeks (14 days) to pack and move. Delivery and Pickup are included in your price. Think about all of the time and effort it takes to build all of those cardboard boxes. No handles and messing with that fussy tape. We have re-invented a better, faster, easier and cheaper way to pack and move.

All you need to do is make one call and we'll drop off your Recopacks on the delivery date. You pack, stack and move. When the Recopack are empty, just call us and we'll come over to your new place and pick them up. It's just that simple. It's moving made simple for a Happy Planet!

No more confusion on how many boxes you really will need, fussing with that messy tape, building boxes late into the night, exhaustion, stress and then breaking them down after your move. No more guilt from tossing all of those boxes in the trash.

Why waste your time and money using a new or used cardboard box when you can Rent-a-Green Box? We have the solution that's changing the way America packs and moves anything.

Welcome to the first, comprehensive, zero-waste, environmentally friendly, super simple, no hassle packing and moving system developed entirely from 100% recyclable trash, mined from local landfills.

Are you ready to green your move, save a lot of time and money... are you tired of the stress and aggravation with using new or used cardboard boxes....Are you ready to green your move and make a difference? We're here to help!

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