Attention BUYERS:
Beginning Sept. 17, 2010, Freddie Mac will offer homebuyers and select non-profits an exclusive opportunity to purchase HomeSteps homes without competition from investors through the Freddie Mac First Look Initiative.
This on-going initiative offers owner occupant homebuyers, Neighborhood Stabilization Program (NSP) grantees and non-profits engaged in community stabilization efforts the ability to purchase HomeSteps homes during their initial 15 days of listing, without competition from investors. The purchaser does not need to be a first time homebuyer to be eligible, however, they must be buying the home as their primary residence.
The Initiative supports Freddie Mac's mission to stabilize communities and support housing recovery through the creation of affordable homeownership opportunities.
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