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fannie mae first look program investors owner occupants public entities: Fannie Mae First Look Program - 11/30/09 05:15 PM
On November 24, 2009, Fannie Mae launched its "First Look" program.  This program is designed to support neighborhood stabilization and promote home purchases by owner-occupants and by public entities.
Fannie Mae currently has 70,000 properties in its inventory. 
The First Look period is the first 15 days a property is listed for sale,  Buyers that plan to occupy the home and public entities committed to the community may are eligible to purchase a Fannie Mae property during the First Look period. 
Fannie Mae will waive the earnest money/deposit requirement for public entities, and lower the requirement for individuals who have qualified to use public funds for … (2 comments)

 

Doug Curtis

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