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Updated over 8 years ago,

User Stats

39
Posts
15
Votes
John McAuley
  • Investor
  • Oxford, NC
15
Votes |
39
Posts

Fannie Attorney

John McAuley
  • Investor
  • Oxford, NC
Posted

After negotiating, we had Fannie accept an offer on a property but the listing agent does not seem to be with it. We have gotten them everything they requested except the earnest money deposit simply because the LA hasn't been able to tell us who it is. We opted to use the Fannie attorney because their offer said they would pay the attorney costs and title insurance if we used their attorney. However, we have no idea who to make the EMD check out to. Again, we've been hounding the LA for two days now and he hasn't come back with an answer. He is responding but hasn't been able to answer. With everything I've read about these properties, getting them the EMD quickly is imperative. So I'm a bit worried at this point. Any recommendations?