Fannie Mae First Look Period Is Being Extended From 15 To 20 Days Starting January 2014

Dated: December 19 2013

Views: 2151

Important First Look™ Update:

Effective January 2, 2014, the First Look™ period is being extended from 15 to 20 days with the exception of Nevada which will remain at 30 days. Eligible buyers during the First Look period include owner occupants, public entities and their partners, and some non profits. This change only impacts properties with a status change to Available and an initial list price start date on or after January 2, 2014.  All other properties will maintain their current First Look status at the time of the change. The subsequent First Look period for properties that sell during the First Look period and then return to the market will remain at 10 days.
For more information on the First Look initiative please contact us today!

Want to Advertise on this Site?

Latest Blog Posts

What Days Are The Best To List Your Home

Top Days to List Your Home for SaleSome Highlights: ATTOM Data Solutions conducted an analysis of more than 29 million single-family home and condo sales over the past eight years

Read More

Shortage Of Homes For Sale Is Impacting The Housing Market

A Lack of Inventory Continues to Impact the Housing MarketThe housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are

Read More

The Benefits Of A 20 Percent Down Payment

The Benefits of a 20% Down PaymentIf you are in the market to buy a home this year, you may be confused about how much money you need to come up with for your down payment. Many people you talk to

Read More

Buyers Are Optimistic About Homeownership

Home Buyers are Optimistic About Homeownership!When we consider buying an item, we naturally go through a research process prior to making our decision. We ask our friends and family members who

Read More