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Freddie Mac launches

Freddie Mac Homesteps

Freddie Mac just announced their“Smartbuy” sales promotion for owner-occupants buying Freddie Mac Homesteps(R) Homes.  Under this promotion people buying a Freddie Mac home for their personal residence will receive at no cost:

  • A comprehensive two-year HomeProtect(R) Home Warranty
  • Up to 3.5% payment by Freddie Mac towards buyers closing costs
  • Homeprotect(R) Appliance discount (up to 30% savings on name brand appliances)

This program runs through October 30, 2009.  For a complete list of HomeSteps homes click here

Chris Bowden, Vice President of HomeSteps(R) said “this unprecedented offer will enable HomeSteps(R) buyers to protect against unexpected repair costs which could interfere with their ability to meet their mortgage obligation.”  He goes on to say, “we expect SmartyBuy’s comprehensive two-year warranty and closing cost offer to help more families buy and own HomeSteps homes, which in turn will help support home values and stabilize communities.”

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