Alex Tooke

When you purchase a home owned by Fannie Mae you are eligible for the HomePath Protection comprehensive coverage plan which provides the following benefits free for six months:

• Old Republic Home Service Contract - A comprehensive Home Service Contract that provides valuable protection for repair or replacement of specific covered systems and appliances that become inoperable due to normal wear and usage.
• HomePath Protection Plus - Extended Coverage provided by Fannie Mae and administered by Old Republic Home Protection Services: includes an additional $3,000 of financial assistance toward the repair or replacement costs incurred as a result of certain conditions.

Purchasing the home with HomePath Renovation Mortgage Financing can qualify you for the following if you plan to make the home your primary residence:

• Special HomePath Renovation Mortgage financing to fund both your purchase and light renovation
• Low down payment and flexible mortgage terms (fixed- or adjustable-rate)
• Down payment (at least 3%) can be funded by your own savings; a gift; a grant; or a loan from a nonprofit organization, state or local government, or employer
• No mortgage insurance (ask your lender for cost details on loans without mortgage insurance)
• HomePath Renovation Mortgage financing is available from several lenders

HomePath Mortgage Financing also provides the following:

• Low down payment and flexible mortgage terms (fixed-rate, adjustable-rate, or interest-only)
• You may qualifyeven if your credit is less than perfect
• Available to both owner-occupants and investors
• Down payment (at least 3%) can be funded by your own savings; a gift; a grant; or a loan from a nonprofit organization, state or local government, or employer
• No mortgage insurance (ask your lender for cost details on loans without mortgage insurance)
• No appraisal fees
• HomePath Mortgage financing is available from a variety of lenders - both local and national

Fannie Mae is offering up to a 3.5% incentive for buyers who purchase and close on a HomePath property by October 31, 2011. To be eligible for this incentive:

• Buyers or their agents must request closing cost assistance at initial offer
• Initial offers must be submitted on or after June 14, 2011
• Property sales must close on or before October 31, 2011
• Buyers must reside in the home as their primary residence - auction, pool, and investor sales are excluded

They are also offering a $1,200 incentive for selling agents whose buyers purchase and close on a HomePath property by October 31, 2011. To be eligible for this incentive:

• Agents must request bonus at initial offer
• Initial offers must be submitted on or after June 14, 2011
• Property sales must close on or before October 31, 2011
• Buyers must reside in the home as their primary residence - auction, pool, and investor sales are excluded

For full HomePath information please visit HomePath.com or speak with an agent for full terms and conditions.

Listing examples currently covered by HomePath:

101 W. Maple Denver, Co 80223 BRICK ATTACHED SINGLE FAMILY, CORNER UNIT, NEWER WINDOWS, WITH 1 BEDROOM, 1 BATH, OPEN FUNCTIONAL KITCHEN, HARDWOOD FLOORS, GREAT FIRST TIME HOME. GREAT LOCATION. FANNIE MAE HOMEPATH PROPERTY THAT QUALIFIES FOR HOMEPATH MTG & RENOVATION MTG., BUY THIS HOME FOR AS LITTLE AS 3% DOWN, FREE APPRAISAL. SELLING AGENT TO VERIFY ALL MEASUREMENTS, COME SEE ME TODAY!!!

Listing Office: KELLER WILLIAMS REALTY DOWNTWN

Full Details

http://www.fourwallsdenver.com/listing/mlsid/65/propertyid/1032099/syndicated/1/cgltguid/9FF9D288-11BF-4945-ABAF-1A28715521AF/?ts=crg

Listing Courtesy of CHRISTINE SANDERS, KELLER WILLIAMS REALTY DOWNTWN

7165 S. Gaylord St-F05 Centennial, Co 80122

GREAT 2 STORY CONDO UNIT, WITH 2BEDROOM, 2 BATH, STUCCO EXTERIOR, OPEN FUNCTIONAL KITCHEN, STACKABLE WASHER/DRYER UNIT, GREAT FIRST TIME CONDO FOR A FAMILY. FANNIE MAE HOMEPATH PROPERTY THAT QUALIFIES FOR HOMEPATH MTG & RENOVATION MTG., BUY THIS CONDO FOR AS LITTLE AS 3% DOWN, FREE APPRAISAL. SELLING AGENT TO VERIFY ALL MEASUREMENTS, COME SEE ME TODAY!!!

Listing Office: KELLER WILLIAMS REALTY DOWNTWN

Full Details

http://www.fourwallsdenver.com/listing/mlsid/65/propertyid/1032112/syndicated/1/cgltguid/2ED6D4F4-A819-4915-89D4-0F0119E768DD/?ts=crg

Listing Courtesy of CHRISTINE SANDERS, KELLER WILLIAMS REALTY DOWNTWN

Original Post From DenverRealEstateBlog.net