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Updated about 9 years ago on . Most recent reply
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Accepted Fannie Mae Counter Offer... Then multiple bids
I will greatly appreciate if someone can shed some light on this.
I submitted an offer to the Fannie Mae Home path over asking price with all the proper paperwork. They counter asking for additional paperwork which I already provided. I provided the paper work to the Fannie Mae and the website stated they accepted the counteroffer. I did not hear back for 2 days and they I have to call to find out there was now multiple offers on the house. The offers came from the listing agent.
Is there fraud going on? Was I already in contract once I accepted the counter and the website stated it was accepted? This is in New Jersey.
Thanks for your help.
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- Real Estate Professional
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It's not legally accepted until you get a signed contract, not just an acknowledgment on the web site.