Wednesday, May 18, 2011

HomeSteps® Launches National Summer Sales Promotion Offering Closing Cost Assistance, Selling Agent Bonuses

MCLEAN, Va., May 16, 2011 /PRNewswire/ -- HomeSteps, the real estate sales unit of Freddie Mac (OB: FMCC), is launching a nationwide sales promotion for its inventory of foreclosed homes starting today.

The HomeSteps Summer Sales Promotion is offering up to 3.5 percent buyer's closing cost and a $1,200 selling agent bonus for initial offers received between May 16, 2011 - July 31, 2011 and escrows are closed on or before September 30, 2011. This offer is valid only on HomeSteps homes 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 borrowers will qualify. For details, see

For HomeSteps Summer Sales Promotion details and conditions, visit

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