Homepath Deals Part 2

[Marion Edwards]

I just terminated a contract with Fannie Mae because I couldn't get the listing agent to de-winterize the property for inspection. There was also a number of paperwork snafus on the part of this agent and she was a lot less than willing to make the necessary corrections. Seems to me that this particular agent didn't have any sense of priority on completing the deal. Has anybody else experienced this when trying to work a Homepath deal? Could it be becauser it was a low end property ($40K) and it wasn't worth her time?

[Bobby Beard]

You would be surprised what a RV type winterizing air nipple and a air tank or small pancake compressor can show you. Make sure all faucets are closed and pump in 30 PSI through the outside water hose connection. Walk the house and listen and then check the pressure again. Still holding then all is good. Done it many times! Also helps to have a good relationship with your agent ;-)