Fannie and Freddie playing games with buyers

[Thomas Handy]

I put an offer on a Homepath 4 bedroom home on Monday for $44,000, a $1000 less than the asking price. Also I asked seller to pay $2000 in closing costs. My realtor told me other buyers also made offers about the same time I made my offer.

As for the property, it's a decent home but needs some cosmetic upgrades - paint, carpeting, touch up a few small holes in the interior, replace the screen doors, and replace the tile flooring. The home also has a stove that needs to be cleaned out. The property is 1300 sq feet. Other wise it looks like a good home but had some bad owners.

I'll keep everyone updated on how this goes.

Tom