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All Forum Posts by: Donna Smolinski

Donna Smolinski has started 4 posts and replied 113 times.

Rehabbing & House Flipping

Post: Negotiating REO Offers

Donna SmolinskiPosted
  • Flipper
  • Carlsbad, CA
  • Posts 115
  • Votes 20

As mentioned by a few others here, I've written offers with no contingencies but the addendum gives it back... lol. For some reason, asset mgrs have a hard time altering the addendum.

0 Votes
Foreclosures

Post: Fannie Mae deed restrictions and rekey fees

Donna SmolinskiPosted
  • Flipper
  • Carlsbad, CA
  • Posts 115
  • Votes 20

thx... that's what I thought but wanted to be sure there wasn't an additional restriction about going under contract in the 90 day period.

0 Votes
Foreclosures

Post: Fannie Mae deed restrictions and rekey fees

Donna SmolinskiPosted
  • Flipper
  • Carlsbad, CA
  • Posts 115
  • Votes 20

Lately, it seems to be taking me about 90 days to rehab, market & close our properties so I'm considering purchasing some FNMA REOs. I assume you can go under contract before the 90 days is up, but NOT close until the 91st day, correct???

0 Votes