Fannie Mae has now directed that all offers on their listings be made through the HomePath Online Offer system at the HomePath website. Agents who wish to bring an offer are required to have an agent account on HomePath.com. There is no cost, and registration is simple. You will need your state license number.
Training materials are posted on the HomePath Online Offers Resources Page at http://www.homepath.com/offerQuestion.html, and assistance is available from the Online Offers Customer Support Center 1-866-218-4446.
Selling Agents (agents working with buyers) have access to the HomePath Online Offers system to:
• Search for and select properties to make an offer
• Make an offer
• Upload offer documents
• Manage offers (revise, withdraw, counter-offer)
Selling Agents (agents working with buyers) are required to:
• Establish a User Account
• Upload required Fannie Mae Addendum and Sales Contract and other necessary documentation
• Receive permission from the purchaser(s) to submit their info through HomePath.com
When you fill out your state contract, please note the following wording which must be on the state contract:
“Pursuant to paragraph 28 of the Real Estate Purchase Addendum, this document is subject to all terms and conditions set forth in the Real Estate Purchase Addendum.”
Another important thing to note is that state amendment forms are not accepted. If your buyer needs to amend the contract, you must make the request on a Fannie Mae Amendment form (available from the listing agent). Do not submit any inspector's report, Inspection Notice, or state amendment forms. If Fannie Mae requires additional documentation beyond the amendment form, they will ask.