Homes in Big Bear Team
Phone:
909-346-3634
Mobile:
909-709-1984 / 260-0091
Fax:
866-616-8589

Email


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How can a real estate agent help me?

Deciding whether to go it on your own or having a professional Realtor help you with your purchase? Here are some items to consider. 

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You don't know, what you don't know. Here are some great questions to ask your agent!

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Contact us about buying a home

We are ready to answer your questions and help you find exactly what you are looking for!
 

 
                       

HomePath Buyer's Guide for a Fannie Mae-owned Home

This Buyer's Guide — while it doesn't cover everything — should better prepare you when considering and purchasing a Fannie Mae home.

View the Buyer's Guide



           

Frequently Asked Questions

Review our FAQs for more information on Fannie Mae, HomePath, and purchasing or selling a HomePath property.

Read FAQs




            

HomePath Calculators

Not sure how much home you can afford? Use the mortgage calculators to estimate your potential monthly payments and determine what's affordable within your budget.

Monthly Payment CalculatorMortgage Affordability Calculator

 
                  

Make an Offer Online

Making an offer to purchase a HomePath property is now quick, easy and entirely online! All offers on HomePath properties* must be made using the HomePath Online Offer system. If you're ready to make an offer, just have your real estate professional click the "Make an Offer" button on the property information and follow the instructions.
*except Auction properties

                HomePath First Look Program


Fannie Mae's innovative First Look marketing period was created to promote homeownership and contribute to neighborhood stabilization — allowing homebuyers to bid and purchase foreclosed properties before they are made available to investors.

Details include:

  • First Look is typically the first 15 days a property is listed on HomePath.com.
     
  • Properties in the First Look period have a countdown clock on the property information page of HomePath.com displaying the days remaining to purchase.
     
  • Eligible buyers during First Look are owner occupants*, public entities and their partners, and some non profits.

*Owner occupants are those buyers that will occupy the property as their principal residence within 60 days of closing and will maintain their occupancy for at least 1 year. Owner-occupant purchasers are required to sign an Owner Occupant Certification as a rider to the Real Estate Purchase Addendum. A buyer purchasing in the name of a trust, purchasing as a vacation/part-time residence, or purchasing so another person or relative can live in the property will typically be considered an investor and not eligible during First Look.

Investor offers submitted after the First Look period expires will be considered along with all other offers.

Call Homes in Big Bear Team for more details.
 

 

 

About Fannie Mae & HomePath

Who do I contact for general inquiries about Fannie Mae and its homes?

Please contact the Fannie Mae Resource Center at
1-800-7FANNIE

Why does Fannie Mae have properties for sale?

Fannie Mae works with mortgage servicers, housing counselors and other partners to help homeowners prevent and avoid foreclosure. Through KnowYourOptions.com and the Fannie Mae Mortgage Help Centers, Fannie Mae offers assistance directly to homeowners so they can understand their options to avoid foreclosure. However, sometimes it is unavoidable. When foreclosures occur on mortgages in which Fannie Mae is the owner/investor, our goal is to sell properties in a timely manner in order to minimize the impact on the community. Additionally, Fannie Mae may acquire ownership of properties through a deed-in-lieu of foreclosure – a transaction in which the homeowner (mortgage borrower) voluntarily transfers the ownership of the property (the title and all property associated with it) to the owner of the mortgage in exchange for a release of their mortgage loan and payments.

What is HomePath?

HomePath is the branding used for all Fannie Mae-owned properties — anytime you see something labeled "HomePath", it has to do with the sale of our Fannie Mae-owned properties. For example, HomePath.com is our website, where homebuyers and real estate professionals can get detailed information on our listings, and HomePath Mortgage offers buyer financing products these properties.

What kinds of properties are available on HomePath.com?

HomePath.com includes only those properties owned by Fannie Mae. Foreclosed properties can represent a great opportunity for first-time buyers, move-up buyers, those looking for a second or vacation home or those looking for an investment opportunity.

There is a wide selection of homes in neighborhoods across the country — from single-family homes to condominiums and town houses. Keep in mind, the number, type and sales price of homes may vary substantially by market as well as the condition of the home. Many are move-in ready, while some may require light repairs or more extensive renovations.

How can I learn more about Fannie Mae homes?

Go to the Helpful Resources section to learn more—you can view the Buyer's Guide, listen to a podcast series on Fannie Mae, HomePath and the industry, and more.

Where can I find information on foreclosure prevention?

Go to KnowYourOptions.com, Fannie Mae's consumer Web site to educate distressed homeowners about their options to avoid foreclosure and encourage them to get help.

Who do I contact if I suspect fraudulent behavior on a Fannie Mae-owned property?

Report possible fraud directly to Fannie Mae at
[email protected]. You may also call our Fraud Tips Hotline at 1-800-7FANNIE (1-800-732-6643) to report possible fraud or if you have other concerns relating to a Fannie Mae-owned property.