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Freddie Mac offers homebuyers and select non-profits an exclusive opportunity to purchase HomeSteps homes prior to competition from investors through the Freddie Mac First Look Initiative.
The First Look Program is an exclusive 30-day period for owner-occupants, government entities, and non-profits engaged in community stabilization to purchase properties on Auction.com without competition from investors.
Sep 12, 2023 · First-look policies, which give owner-occupants and nonprofits an exclusive period to shop and bid on real-estate-owned properties, have been in effect since 2009, but several changes were made in 2022.
Apr 20, 2023 · The original first look program, Seller Select First Look, was created as a way to help generate more opportunities for owner-occupants, governmental entities, and nonprofit organizations to purchase select bank-owned (also known as REO, or real estate owned) Fannie Mae properties.
Oct 22, 2018 · The First Look Program allows you to make bids on homes owned by Freddie Mac. The First Look initiative gives home buyers who plan to live in a home an advantage and head start over investors when Freddie Mac lists new homes in your area.
Freddie Mac First Look Initiative Homebuyers: Making an Offer Agents: Submitting an Offer. About HomeSteps The HomeSteps Difference HomeSteps Fraud Policy Community Stabilization Occupants of Foreclosed Homes Site Map. HomeSteps. 6555 Excellence Way. Plano TX, 75023. Call: 1.800.972.7555.
Sep 20, 2010 · Fannie Mae recently joined the Department of Housing and Urban Development (HUD) national First Look program as one more way the company collaborates with the industry to support community stabilization efforts.
Our flagship property acquisition program is the First Look Program. Through First Look, participating organizations can receive access to the REOMatch platform after submitting an application. Read more to get involved.
Dec 15, 2022 · To keep homes affordable and accessible, HomeSteps follows the Freddie Mac First Look Initiative, which gives homebuyers a 30-day window to submit an offer on a home before facing competition from investors.
Apr 25, 2024 · The Department of Housing and Urban Development (HUD) has unveiled a “first look” or right-of-first-refusal program for select state and local governments and nonprofit organizations to purchase foreclosed homes.
