March 09, 2018

4 Tips for Buying a HomeSteps Home

HomeSteps® — the real estate sales division of Freddie Mac — has helped thousands of buyers find a home to call their own. We have affordable and repaired homes available across the country just waiting for an owner. So if you're shopping for a home, it's definitely worth taking a look.

While the process for buying a HomeSteps home is very similar to buying just about any home on the market, here are 4 tips:

  1. Act quickly once you've found the right home
  2. Make your first offer your best
  3. Provide all the required items
  4. Make sure your real estate agent understands the "Multiple Offer Process" guidelines

It's also important that your offer be in writing, with the terms clearly stated and signed and dated by all buyers.

Learn more about buying REO properties, search available homes or register today for a Home Search Account - where finding the right home just got easier.

What to Include With Your Offer:

  • Sales contract
  • Pre-approval letter
  • Proof of funds for cash sales
  • Earnest money
  • Necessary addendums
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