Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago,

Account Closed
  • Investor
  • Crawfordsville, IN
0
Votes |
14
Posts

I!ve been had!

Account Closed
  • Investor
  • Crawfordsville, IN
Posted

A question for you! Does this smell like a fish market? Through my broker agent, I placed a cash bid on a FNMA property. Unknowingly, another investor placed a cash bid on the same day. Neither bid was accepted. My agent called to tell me my bid was not accepted. OK. The following day he called me to tell me the property had just sold that day! He also informed me, they accepted $2500.00 less than my bid! We were both pissed, to say the least. When I questioned FNMA about possible fraud, all I got was beating around the bush. The prop. went to a flipper with a bad rep for shady deals. Do you think I have any recourse? Should I just shut and live with it?

Loading replies...