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H SA H O M E WA R RA N T Y P ROT ECT I O N
The Right Home Warranty
Freddie Mac Offers $500
Home Warranty Credit
Freddie Mac’s HomeSteps program has discontinued offering the 2-Year Home Protect Limited
Warranty and, instead, is offering a home warranty credit of up to $500 to its homebuyers.
Buyers can now choose the home warranty plan that’s right for them!
Use this $500 credit towards the purchase of an HSA Home Warranty! With HSA, your clients
get extensive coverage right in the base plan, all for under $500. And, there will even be a little
left over to add an option, if needed. HSA is the right home warranty for you and your clients.
How does the Freddie Mac $500 Home Warranty Credit work?
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The home warranty incentive must be submitted with the initial purchase offer.
The home warranty incentive is available only for owner occupant offers (primary
or secondary home) submitted on or after May 25, 2012. Investor purchases, auction
sales, sealed-bid sales and bulk sales are ineligible for this incentive.
The home warranty incentive is valid on any HomeSteps home for sale in the United
States (including PR, VI and GU).
Under the home warranty incentive, HomeSteps will pay for a home warranty up to $500.
Seller’s contribution is for a home warranty up to $500. No credits will be given for
any unused amount nor will the credit exceed $500 even if the price of the home
warranty is great than $500. Should the cost of the buyer’s home warranty exceed
the $500 allowance, they will be responsible for providing the remaining funds as
part of their closing costs so full payment to the home warranty can be made by
the closing agent.
Credit will not be paid directly to buyer as a reimbursement but instead dispersed to
the buyer’s home warranty company.
HomeSteps reserves the right to remove any property from this incentive or end the
incentive at any time. The home warranty incentive will not be paid if closing does
not occur for any reason. Any dispute over the payment of a credit or fee shall be
resolved by Freddie Mac in its sole discretion.
The home warranty incentive is void where prohibited by law or applicable MLS rules.
Selling agent is responsible for determining same prior to making offer.
Now all of your clients can enjoy the benefits of an HSA Home Warranty! Contact your local
HSA sales representative for more information or visit www.homesteps.com.
1861 Ludden Drive l Cross Plains, WI 53528
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Phone: 1-800-367-1448
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Fax: 1-877-638-1741
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www.onlinehsa.com