5163 Reading Avenue

This property is part of the FNMA first look program. That allows owner occupant buyers to have their offers negotiated on day 7 of being listed. Investor offers are negotiated on day 20 of listing. Please communicate this to all buyers so they are aware of the waiting period. Owner occupants are those buyers that will occupy the property as their principal residence within 60 days of closing and will maintain their occupancy for at least 1 year. Owner-occupant purchasers are required to sign an Owner Occupant Certification as a rider to the Real Estate Purchase Addendum. A buyer purchasing in the name of a trust, purchasing as a vacation/part-time residence, or purchasing so another person or relative can live in the property will typically be considered an investor and not eligible during First Look. From [https://www.homepath.com/firstlook-program.html]