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    • Promote affordable housing

      • First Look programs aim to promote affordable housing by ensuring individuals, nonprofits, government entities, and other qualified organizations have a fair shot at buying property. It helps to strengthen communities by turning distressed, vacant properties into sources of affordable housing for those in need.
      www.xome.com › blog › making-affordable-housing-attainable-through-first-look
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  2. 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.

  3. Apr 20, 2023 · The First Look period for HUD First Look properties is the first 30 days the property is on the market. While in the First Look period, owner-occupants, governmental entities, and HUD-approved nonprofits may place pre-auction offers or bids on Xome.com.

  4. 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.

  5. 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.

  6. What. Air Force FIRST LOOK. brings, is the ability to easily locate those vendors, and is consistent with the intent of public policy such as the Small Business Act. The intent of this program is to create tools, not rules, to enable cardholders to buy from local small businesses. when it makes business sense.

  7. Dec 19, 2013 · WASHINGTON, DC — Fannie Mae (FNMA/OTC) announced today that its First Look ™ period will be extended to twenty days, providing additional time for owner-occupants and public entities to submit an offer on a HomePath property without competition from investors. The change is effective for properties listed on or after January 2, 2014.

  8. Fannie Mae First Look The First Look program was designed to promote owner occupancy and homeowner involvement in their community. Individual homebuyers and public entities are given a set period of time, usually 15 days after a property is listed on the HomePath.com website, to submit an offer to purchase before the property is made available ...

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