Why does Fannie Mae insist on making improvements?

[Matt Duffey]

I have a unit in my building that is now out of redemption and just got past the eviction phase - the whole unit has been cleaned and the trash/property has been removed.

The local asset manager has advised them to not make improvements and told them they have a buy ready to buy in 'as-is' condition. Fannie Mae is refusing to consider an offer in 'as-is' and is adamant about making repairs before listing it.

Has anyone had experience with a Fannie Mae REO where you have been able to convince them to not make improvements and sell 'as-is'?