Buying a Home from Freddie Mac:
When Freddie Mac financed homes go into foreclosure, Freddie Mac resells them to low and moderate income borrowers, marketing them through its website Homesteps. At any time, HomeSteps has thousands of homes available for sale in neighborhoods across the United States. These include single-family homes, condominiums, townhomes and more.
If you are considering buying a Freddie Mac owned home, take the time to research the property, the neighborhood and your financing options. The Cooper Square Committee can direct you to housing service organizations in the community where the property is located, and they can assist you in determining whether you are qualified to buy a home, and they can help you give you tips about inspecting the property, researching the community and exploring financing options.