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Updated over 11 years ago on .

User Stats

35
Posts
12
Votes
Bill Graham
  • Investor
  • Nottingham, NH
12
Votes |
35
Posts

Buying from Freddie

Bill Graham
  • Investor
  • Nottingham, NH
Posted

Well, it finally happened... After a month of negotiating with Freddie Mac, on a Homepath, 4 unit property, they accepted my offer.

Then 4 and 1/2 hours later I received an e-mail. They rejected the offer. I now have 2 Homepath, offer sheets. One good, one bad.... I have not returned the signed P&S and addendum yet. Do I have a deal? or no deal??? Is there anything here I can enforce?

I lost money with the seller's Realtor some years ago, so I worry he may be shopping my offer.

Does anyone have any suggesions to pull this deal together?

Thanks