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How do I get an offer excepted on a Fannie Mae property.

By
Real Estate Agent with Renaissance Realty Group of Keller Williams Atlanta Partners

When you submit an offer on a Fannie Mae Home it is reviewed based on the following 

Fannie Mae reviews all offers submitted and considers several factors when determining the response. Case specific factors may impact the response or formalized approach to an offer, including:

 days on market

 offer activity and the amount of previous offers

 occupancy considerations

 days at the current list price

 amount and/or timing of the next scheduled list price reduction

 closing costs

 other factors as appropriate to the specific listing

 

If your looking to purchase and Fannie Mae REO work with an agent (like me) that is Fannie Mae approved to guarantee your success. 

Posted by

If you or someone you know is thinking of buying or selling a home have them give me a call .. we will get it done ...right 

Eric Reid 

Associate Broker

Keller Williams Atlatna Partners
Team Leader 
Renaissance Realty Group

Comments(2)

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Rodney Mason - Sr Loan Officer
CrossCountry Mortgage NMLS# 3029 - Atlanta, GA
AL,AR,AZ,CA,CO,FL,GA,IN,MI,MS,NC,NV,SC,TN,TX,VA,WA

Making an offer using HomePath financing does help strengthen it.

Mar 09, 2011 02:00 PM
Thom Abbott
MyMidtownMojo.com |770.713.1505 | Intown Atlanta GA Condo Living - Atlanta, GA
Midtown Atlanta GA Condos For Sale

Eric...It also helps when you have Buyers that want to buy! I got Buyer's an incredible deal on a Fannie Mae property, but they refused to work with a local lender...instead working with a MAJOR lender in Minneapolis!!!

Well, a perfectly good condo HOA was not approved, and they lost their earnest money. I warned them at the beginning....but what do I know...I'm just the professional.....

Midtown Atlanta Condos For Sale

Mar 23, 2011 03:37 PM