General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 10 years ago on . Most recent reply

Fannie Mae Home, real estate broker not answering my calls
There's a home located on my block with frozen pipes and radiator damage that I'd like to buy. The real estate agent or broker's secretary said that she would be out for two weeks. I emailed her and called the office to express my interest. When I called Fannie Mae, they said it's been on the market for 15 days, and they give a first time home buyer the opportunity to bid before the investors or hedge funds. I feel this real estate agent/broker has a cash buyer lined up or someone in contract already. How could I avoid the competition and place a bid myself. This happens w/ every foreclosure or short-sale home i find.