Homepath properties have a provision to give owner-occupants the 'first look' so they have an advantage over investors who would be interested in the property. There are certain good points to the Homepath financing such as lower interest rates and lower downpayment; but you do not have to use there financing over your own. You normally need to be aggressive with your offer on these homes as there will be stiff competition.
Robert McGuire ASR
Your Castle Real Estate
Direct - 303-669-1246
Cherry Creek Properties
Here to help and can preview the property for you. 30+ years builder / developer and can provide you with my opinion of the structural integrity of the property.
Cherry Creek properties LLC
The "15 day first look" is an opportunity for Buyers who intend to occupy the property themselves (live in it) to place offers without competing against investors who might want to rent it out or fix it up and sell it. You can use your own lender. If you intend to occupy the property, put in your offer as soon as possible. Otherwise, you will need to wait until after the 15-day first look period. If you are not working with a Realtor, please let me know and I will be happy to represent you and write the offer.
Broker/Owner, CRS, MCNE, E-PRO, GREEN
The Stevens Group
Cherry Creek Properties LLC