How to Buy Foreclosures from Fannie Mae and Freddie Mac

Beginner 1 hour 11 steps 39179 views Rating: 4.5/5 Published: 2026-02-12

Do your research about home buying in general.. Locate a foreclosed property.. Contact the listing agent.

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Steps

1

Do your research about home buying in general.

Step 1

Do your research about home buying in general.

2

Locate a foreclosed property.

Step 2

Locate a foreclosed property.

3

Contact the listing agent.

Step 3

Contact the listing agent.

4

Make an offer and negotiate a deal.

Step 4

Make an offer and negotiate a deal.

5

Look for special programs for a Fannie Mae or Freddie Mac listing.

Step 5

Look for special programs for a Fannie Mae or Freddie Mac listing.

6

Participate in the HomePath Ready Buyer Program.

Step 6

Participate in the HomePath Ready Buyer Program.

7

Take advantage of the HomePath First Look Program.

Step 7

Take advantage of the HomePath First Look Program.

8

Understand the HomeSteps "Multiple Offer Process.

Step 8

Understand the HomeSteps "Multiple Offer Process.

9

Learn about Fannie Mae.

Step 9

Learn about Fannie Mae.

10

Learn about Freddie Mac.

Step 10

Learn about Freddie Mac.

11

Understand what Fannie Mae and Freddie Mac do.

Step 11

Understand what Fannie Mae and Freddie Mac do.

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