Homepath is a Fannie Mae program. Most Fannie Mae owned homes are sold through this program. They usually have special benefits and offers for buyers and agents. You should treat a Homepath home the same way any other bank-owned home. 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.
HomeSteps® is the Freddie Mac sales unit responsible for marketing and selling Freddie Mac real estate owned (REO) homes to homeowners and investors. HomeSteps manages every stage of the REO process, from handling title issues after foreclosure to working with local listing agents to facilitate a sale.
A multiple listing service (MLS, also multiple listing system or multiple listings service) is a suite of services that real estate brokers use to establish contractual offers of compensation (among brokers) and accumulate and disseminate information to enable appraisals.
Realtor.com (stylized as realtor.com) is a real estate listings website operated by the News Corporation subsidiary Move, Inc. and based in Santa Clara, California. The site launched as the Realtor Information Network in 1995, serving as a closed network for members of the National Association of Realtors.
A HUD home is when a government-insured loan (FHA) gets foreclosed and the Federal Housing and Unban Development pays the defaulted loan off, and then puts the home on the market. Many people are interested in buying HUD owned houses because of a possible low market value of the home.