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   What is the First Look program?

   • Today, through the First Look Program, the Federal Housing Finance Agency (FHFA) extended from 20 to 30 days, the period during which owner occupants, public entities, and nonprofits will have exclusive ability to buy Fannie Mae and Freddie Mac (the Enterprises) real estate owned (REO) properties before they are available for investor purchase.

   FHFA Extends the Enterprises’ REO First Look Period to 30 Days

   www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-Extends-the-Enterprises-REO-First-Look-Period-to-30-Days.aspx

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   What is the first look initiative?

   • The First Look initiative states that when a new home is listed, HomeSteps will only accept offers from the owner occupant, second home buyer or community stabilization non-profits for the first 20 days after the home is listed on the local multiple listing service.

   How to Buy a House During the Freddie Mac First Look Initiative - The …

   budgeting.thenest.com/buy-house-during-freddie-mac-first-look-initiative-22421.html

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   What is Freddie Mac's First Look program?

   • 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. Foreclosure homes that are owned by Freddie Mac are marketed through the company's HomeSteps program.

   How to Buy a House During the Freddie Mac First Look Initiative - The …

   budgeting.thenest.com/buy-house-during-freddie-mac-first-look-initiative-22421.html

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   What is a first look listing?

   • First Look listings offer an opportunity to get priority access to local investments. Auction.com supports making more single-family homes available to help strengthen neighborhoods. That’s why we are earmarking exclusive First Look properties, available only to owner-occupants, non-profit organizations, and government entities.

   First Look - Auction.com

   www.auction.com/lp/first-look/

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2. www.homesteps.com › homesteps › offerFreddie Mac First Look Initiative - HomeSteps

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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. This ongoing initiative offers owner occupant homebuyers, Neighborhood Stabilization Program (NSP) grantees and non-profits engaged in community ...

3. www.auction.com › lp › first-lookFirst Look - Auction.com

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   What is the First Look Program? 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.

4. budgeting.thenest.com › buy-house-during-freddieHow to Buy a House During the Freddie Mac First Look ...

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   Oct 22, 2018 · If you're looking for a good deal on a home (and who isn't?) you may want to consider the Freddie Mac First Look Initiative. This program is offered through HomeSteps, which is Freddie Mac's real estate sales unit. The First Look Program allows you to make bids on homes owned by Freddie Mac.

5. solutionstar.zendesk.com › hc › en-usWhat is the First Look Period and How Does it Work?

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   Apr 20, 2023 · First Look Period. Eligible buyers and owner-occupants dedicated to accessing more affordable housing will have exclusive first-look access to bid on selected auction properties listed on Xome.com. During the First Look period, only offers from select purchasers determined by program requirements will be considered.

6. www.fanniemae.com › newsroom › fannie-mae-newsFannie Mae Marks First Year of First Look Initiative

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   Sep 20, 2010 · First Look is designed to promote owner occupancy and provide both owner occupants and public entities an advantage in submitting offers on Fannie Mae-owned foreclosed properties without competition from investors.

7. www.urban.org › urban-wire › new-first-look-policiesNew First-Look Policies Have Helped Owner-Occupants Purchase ...

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   Sep 12, 2023 · Otherwise, sellers (usually the servicer) can put their properties in the First Look program. Between August 1, 2022 (when the new first-look policies were fully in effect) and August 11, 2023, 13,226 real-estate-owned properties were bought to auction, and 56 percent went through First Look.

8. www.fhfa.gov › Media › PublicAffairsFHFA Extends the Enterprises’ REO First Look Period to 30 ...

   www.fhfa.gov › Media › PublicAffairs

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   Sep 1, 2021 · FOR IMMEDIATE RELEASE. 9/1/2021. Washington, D.C. – Today, through the First Look Program, the Federal Housing Finance Agency (FHFA) extended from 20 to 30 days, the period during which owner occupants, public entities, and nonprofits will have exclusive ability to buy Fannie Mae and Freddie Mac (the Enterprises) real estate owned (REO ...