MCLEAN, Va., Aug. 15, 2011 /PRNewswire/ -- HomeSteps, the real estate sales unit of Freddie Mac (OB:FMCC), today announced "Condo Cash", a special limited time offer that will provide eligible condominium buyers with up to $1,500 for standard condominium association dues.
HomeSteps' Condo Cash is limited to buyers who submit offers between August 15 and November 15, 2011 and close escrows on or before December 30, 2011. HomeSteps' Condo Cash offer is valid only on HomeSteps homes that have been on the market for at least 120 days and are sold to owner-occupant buyers.
A two-year Home Protect® limited home warranty that covers electrical, plumbing, air conditioning, heating and other major systems and appliances is offered on some eligible HomeSteps homes. Home Protect also provides discounts of up to 30 percent on the purchase of appliances. (Terms, conditions and limitations apply. Not all homes or buyers will qualify. For details, see www.HomeSteps.com/smartbuy.)
HomeSteps Condo Cash is not available on HomeSteps condominiums purchased through auctions, sealed bids, bulk sales or in areas where such offers are prohibited by law.
For complete terms and conditions, visit 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.
SOURCE: Freddie Mac
For further information: Brad German, Freddie Mac, +1-703-903-2437, brad_german@freddiemac.com
The financial and other information contained in the documents that may be accessed on this page speaks only as of the date of those documents. The information could be out of date and no longer accurate. Freddie Mac does not undertake an obligation, and disclaims any duty, to update any of the information in those documents. Freddie Mac's future performance, including financial performance, is subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect the company's future results are discussed more fully in our reports filed with the SEC.
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