Offers & Incentives
Now, in many areas throughout the United States, owning your own home may be more affordable than you think. If you currently rent or are considering homeownership, now is the time to make a smart buy.
Freddie Mac First Look Initiative
Freddie Mac will offer homebuyers and select non-profits an exclusive opportunity to purchase HomeSteps homes prior to competition from investors through the Freddie Mac First Look Initiative. This ongoing initiative offers owner occupant homebuyers, Neighborhood Stabilization Program (NSP) grantees and non-profits engaged in community stabilization efforts the ability to purchase HomeSteps homes during their initial 20 days of listing (30 days in Nevada, Cook County, IL, and the city of Detroit, MI), without competition from investors. The purchaser does not need to be a first time homebuyer to be eligible provided, however, that they are buying the home as their primary residence.
Home Warranty Incentive *
HomeSteps offers an allowance up to $500 to homebuyers towards the purchase of a home warranty of their choice. It is the homebuyer's responsibility to identify and select the home warranty company and plan.
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