Buying Fannie Mae Foreclosure Tips Info

: In competitive situations, Fannie Mae may ask for a "highest and best" offer by a set deadline. Your offer should account for repairs while remaining competitive with local market values.

: You cannot submit an offer yourself; you must work with a licensed real estate agent who is registered with Fannie Mae's online offer system. buying fannie mae foreclosure tips

: Although properties are sold as-is, you still have the right to an inspection after an offer is accepted. Use the findings to determine if the renovation costs still make the home a good investment. : In competitive situations, Fannie Mae may ask