Pursuant to Section 28 of the Real Estate Purchase Addendum, this document is subject to all the terms and conditions set forth in the Real Estate Purchase Addendum. They use a stamp on the front of your offer, and here’s what it says: When you submit an offer with the standard paperwork as required by their Homepath site, you eventually find out that they throw out almost all the important language in your offer. So what do you need to know in 500 words or less about a Fannie Mae Foreclosure and their Homepath system?įirst, making an offer and negotiating on a Fannie Mae foreclosure is not going to feel like any other real estate transaction you’ve ever experienced. If you can sidestep a nightmare, then I’ve done my job, and your life will be better for it. But if you’re a regular reader of this real estate blog, you know that I take the experience of thousands of other buyers and a lifetime of experience myself, and I share those experiences with you so you won’t have to learn the hard way. Have you spotted a Fannie Mae foreclosure in the MLS that looks like it could be “the one”? Buying a foreclosure from Fannie Mae through their Homepath website is a Buyer Beware nightmare. The New World of Marketing for Real Estate Agents.Real Estate From Bricks & Mortar to High Tech Virtuality.Escaping California to The San Juan Islands.Buying & Selling Real Estate in The Rain Shadow.Sequim Real Estate: A Buyer’s Guide (Paperback).Sequim Real Estate for Buyers (Free eBook Updates Forever).
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