What are HomePath Homes?
HomePath® is the name we use to market and sell Fannie Mae’s real estate owned (REO) properties.
Real Estate Owned (REO) Homes
While we work with lenders to help homeowners avoid foreclosures, sometimes they’re unavoidable. When a Fannie Mae home loan goes into foreclosure, we acquire the property, which becomes known as real estate owned. Our goal is to sell the property in a timely manner to maintain the vitality and stability of the neighborhood. That’s where HomePath comes in. Fannie Mae REO homes are listed for sale on HomePath.com in addition to resources like financing options to help homebuyers navigate the purchase process.
How can I find a HomePath home?
Visit HomePath.com to search our current inventory of available homes for sale. Customize your searches based on preferences such as location, price, square footage, property status, and number of bedrooms or bathrooms.
First Look Program
If you’re planning to live in a HomePath home as your primary residence, you get an exclusive "first look" at properties, typically during the first 30 days the property is listed on the site. During the First Look™ period, homebuyers can make an offer and purchase a HomePath home without competition from real estate investors. Look for the First Look logo on the property listing page to see if the property is still in the First Look period.
How do I buy a HomePath home?
When you’ve found properties you’d like to visit, work with a local real estate agent to tour the homes, discuss your local housing market, and put together your offer. Your real estate agent can submit your purchase offers right on the HomePath site on your behalf.
HomePath Short Sale Portal
HomePath.com also can be used to access HomePath for Short Sales, which is a portal that includes helpful information on the short sale process. If you’re considering a short sale on a home that has a Fannie Mae loan, your real estate agent can use this portal to get the process going. The portal is a one-stop-shop for listing agents to:
- Receive guidance on list prices before listing homes,
- Access ongoing support while actively marketing the property,
- Submit accepted contracts,
- View case status, and
- Access required forms and other helpful information.
Whether you’re looking to buy a HomePath property or complete a short sale on a home you already own, visit HomePath.com to start the process.