Fannnie Mae is offering a 3.5% incentive to buyers of its foreclosed properties.

Fannie Mae is sweetening the deal it’s offering on the foreclosed homes it must sell. Buyers can get up to 3.5% of their closing costs paid by the mortgage market giant.  But do it quick, because the sale must close on or before June 30, 2011.  http://www.houselogic.com/news/articles/fannie-mae-offers-35-incentive-home-buyers/