Fannie Mae has acquired these properties through foreclosure, deed in lieu of foreclosure, or forfeiture. Usually, when you buy a home, you deal with a seller who lives in the home. ![]() How is buying a home owned or managed by Fannie Mae different from other home purchases? Many of these homes are relatively new however, older homes are offered in some areas. The number, types and the sales prices of the homes that are offered for sale may vary substantially. There is a wide selection of homes, including single-family homes, condominiums, and town houses-located in a variety of neighborhoods. What kinds of properties are available in the Fannie Mae HomePath database?įannie Mae’s HomePath database includes only properties that are owned by Fannie Mae. ![]() When foreclosures occur on mortgages in which Fannie Mae is the investor, our goal is to sell properties in a timely manner in order to minimize the impact on the community. About Fannie Mae Homes Why does Fannie Mae have properties for sale?įannie Mae works with all of its partners to help homeowners prevent and avoid foreclosure however, sometimes it is unavoidable.
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