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, complete with photos, detailed descriptions, and resources like financing options to help homebuyers navigate the purchase process.
How can I find a HomePath home?
Visit HomePath.com or download the HomePath mobile app to search our current inventory of available homes for sale. Customize your searches based on preferences such as target neighborhoods, price, square footage, property status, and number of bedrooms or bathrooms. The app can even help you find homes based on your commuting preferences, whether you walk or drive to work.
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 20 days the property is listed on the site. (Nevada is 30 days.) 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 listings and details page to see which properties are 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.
HomePath Buyer’s Guide
Whether you're buying your first home or your fifth, we know the experience can be exciting, confusing, and overwhelming— all at once! Let our HomePath Buyer’s Guide help ease your mind by becoming familiar with the purchase process. While the guide doesn’t cover everything, it provides step-by-step instructions to help you buy a HomePath home.
Homes for Short Sale
If you currently own a home that’s worth less than what you owe on the mortgage but you’d like to sell it, HomePath.com may be a good place to start. The site includes helpful information on the short sale process. And if you’re considering a short sale on a home that has a Fannie Mae loan, the site also includes the HomePath Short Sale Portal that your real estate agent can use 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.