

964,809
Denise, in our area we have to submit the Fannie Mae offer and local purchase agreement online. Buyer should have a preapproval letter from lender or proof of funds for cash offer and that is submitted if/when the offer is accpeted. Their addendum is filled online and it is easy to scan purchase agreement from State form and upload as an attachment from email, my docs, or document storage.
The instructions are pretty easy to follow on Homepath.com
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Becca Rasmussen
Highlands Ranch, CO
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Mimi Foster
Colorado Springs, CO
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Lyn Sims
Schaumburg, IL
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Candice A. Donofrio
Fort Mohave, AZ
2,719,053
I don't have a choice. Submit online, do it exactly like FNMA says or it gets deleted and never even looked at.
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Becca Rasmussen
Highlands Ranch, CO
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Mimi Foster
Colorado Springs, CO
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Tony and Suzanne Marri...
Scottsdale, AZ
3,074,716
What Fred Griffin said... It's their way or the highway...
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Fred Griffin Florida R...
Tallahassee, FL
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Lyn Sims
Schaumburg, IL
1,014,838
Follow the instructions as indicated - so depends
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Jessie Cochran
Panama City, FL
634,582
You can't. Follow the instructions, and your process varies depending on the transaction. But I wish we could use an automated process!
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Becca Rasmussen
Highlands Ranch, CO
1,683,918
Fred Griffin , said it all.
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Fred Griffin Florida R...
Tallahassee, FL
3,986,529
I don't have a favorite way...I don't like any of them
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Kathleen Luiten
Princeville, HI
1,316,775
I don't think they have automated this procedure yet.,
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Denise Amara
Coral Springs, FL
1,114,353
Isn't HomePath the drug of necessity these days?
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Mimi Foster
Colorado Springs, CO
1,598,552
6,774,263
8,244,231
1,525,616
It has been a long time since I have done thta but it sound like Fred Griffin gave you a great answer.
14,254
Thank you for all your answers! I'm trying to learn the ins and outs of all aspects of real estate.
So If I'm understanding the answers correctly, basically you get the PDF forms from HomePath, or directly on FannieMae.com, fill them out, and upload them into their system?
Does that sum it up?
4,796,313
It's been so long since I have submitted an offer on a Fannie Mae owned property it may have been on an actual tablet(as in biblical times).
4,322,295
3,417,759
Most often because Fannie and Freddie choose to few agents for too many listings we try to avoid them as we cant always get questions answered, cant get updates and forget about getting help
225,576
1,875,618
FNMA is a broad brush. If you are looking at a particular REO better find out how the lender wants the offer sent. Sometimes it's on your docs, sometimes online. Either way, their docs follow again after they approve initial offer. So, yes there will 2 contracts.
Killing trees one deal at a time with REO's.
824,029
4,434,277
2,538,789
Good morning Denise. I have purchased many Fannie Mae owned properties, you just have to follow the system they created.
1,658,108
Depends on the instructions, if it is via their website, you just upload all signed forms in there. I'm not sure what you mean by ''automating'', since every offer has different terms, POF, EMD amount, PA.
3,764,591
1,157,847
5,205,781
Haven't had to deal with this for some years. But it was online most of the time
1,269,775
1,231,903