HomePath is a program offered by Fannie Mae, a government-sponsored enterprise that provides liquidity to the housing market. HomePath properties are foreclosed homes that are owned by Fannie Mae and are being sold through their HomePath program.
HomePath is used for all Fannie Mae owned properties, anytime you see a home labeled "HomePath", it has to do with the sale of Fannie Mae owned properties. HomePath.com is website, where homebuyers and real estate agents can get information on the homes and usually you submit the offer through this website.
HomePath homes are foreclosures owned by Fannie Mae. Fannie Mae's Ready Buyer program can help you buy a home with as little as 3% down. ... HomePath homes are usually more affordable than standard-market homes, but they're also sold in as-is condition. You must have a real estate agent or realtor to buy a HomePath home.
In short, a homepath property is a foreclosure with benefits created by Fannie Mae. You can click on the following link to find these type of properties if interested. HomePath.com. Thanks, and hope this answer was helpful.
Homepath is a program that was designed for homebuyers looking to buy a foreclosed home that needs repairs. The homepath program will give you a loan to buy the home plus additional money to repair or upgrade it. You can learn more about HomePath on Fannie Mae's website!