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.


Comments(2)