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

Dated: 12/19/2013

Views: 1981

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!

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