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Fannie Mae First Look Initiative - The Owner Occupant Advantage
Buyers.....tired of submitting offer after offer after offer, only to lose out to a cash offers from investor buyers? Well, relief is on the way for Fannie Mae REO properties.
"First Look is designed to provide owner occupants and buyers using public funds a "first look" at Fannie Mae homes. Under First Look, Fannie Mae will only consider offers from owner occupants and buyers using public funds during the first 15 days a property is listed in the local multiple listing service (MLS). If the property is still for sale on the 16th day, investor offers may be submitted and will be considered. Ask a Fannie Mae listing broker for more information."
Fannie Mae-owned properties listed for sale can be found at www.HomePath.com. For more information on HomePath financing options, please call (404) 591-2453 or email email@example.com.
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