At the offer negotiation of an REO property, buyers will be offered an incentive of up to 3.5% of the final sales price to be used towards one of the following:
• Closing Costs
• The purchase of new Whirlpool appliances
• A mix of closing costs and appliances, at the buyer’s discretion, up to the maximum 3.5%.
To be eligible for the incentive, the following criteria must be met:
• Offer must be accepted on or after January 28, 2010
• Property sale must close before May 1, 2010
Buyer must be an owner-occupant (second homes are eligible as long as they are owner-occupied) – investors are excluded.
