Freddie Mac $1500 Sales Incentive On Condos

I saw this posted on HousingWire.com, “Freddie Offering $1500 For Condo Association Fees.”  I didn’t see it on Freddie HomeSteps.com site yet and that might just be because it doesn’t start until November 15th or I am not looking in the right place.

Freddie Mac is offering eligible buyers up to $1,500 for condominium association dues.

The government-sponsored enterprise said the incentive is for condos available through its HomeSteps unit, on the market for at least 120 days and sold to owner-occupants.

Buyers can apply for Freddie’s Condo Cash offer between Monday and Nov. 15, and must close before Dec. 30.

The GSE offers a two-year limited home warranty covering electrical, plumbing, air conditioning, heating and other major systems. Freddie Mac also extends discounts of up to 30% on appliances for a new buyer.