Homebuyer Incentives from HomeSteps

What a great offer if you’re considering homeownership as a first time home buyer or if you are simply trading up or down.  

This particular program is from May 16, 2011 – July 31, 2011 with escrow closed on or before September 30, 2011.

Freddie Mac will offer homebuyers and select non-profits an exclusive opportunity to purchase HomeSteps homes prior to competition from investors through the Freddie Mac First Look Initiative.  This on-going initiative offers owner occupant homebuyers, Neighborhood Stabilization Program (NSP) grantees and non-profits engaged in community stabilization efforts the ability to purchase HomeSteps homes during their initial 15 days of listing, without competition from investors.  The purchaser does not need to be a first time homebuyer to be eligible provided, however, that they are buying the home as their primary residence.

HomeSteps SmartBuy^SM is a home purchase program that offers:

• A limited two-year HomeProtect® Home Warranty [PDF]
• Up to 30% savings* on new appliances

*Certain restrictions, limitations, terms and conditions apply. See HomeSteps SmartBuy Terms and Conditions for further details. 

Homebuyer Incentive**

• Up to 3.5% actual buyer's closing cost
• 2-Year HomeProtect Limited Home Warranty***

**HomeSteps homebuyer incentives are available to owner-occupants only.
***Terms, conditions and limitations apply. Not all homes or borrowers will qualify. See http://www.homesteps.com/smartbuy for details.

Of course this involves lending and there are many terms, conditions and limitations.  Be sure to check those out.  If you’re interested and we can help in the greater Austin or Highland Lakes areas, give us a call.