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The Investor’s Guide to a Single-Family Rental Emergency Fund
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Foreclosures
HomeForumsForeclosuresFannie Mae REO on Auction.com closing delayed again!
Lillian Leigh's profile image
Lillian Leigh's profile image
Lillian Leigh
Pro Member
  • from Robbinsville, New Jersey
  • Member since Jul 28, 2017
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Lillian Leigh's profile image
Lillian Leigh's profile image
Lillian Leigh
Pro Member
  • from Robbinsville, New Jersey
  • Member since Jul 28, 2017
Connect
Lillian Leigh
Pro Member
  • Robbinsville, NJ
8
Votes |
24
Posts
Foreclosures

Fannie Mae REO on Auction.com closing delayed again!

Lillian Leigh
Pro Member
  • Robbinsville, NJ
Posted Feb 13 2018, 11:57

I'm under contract for an SF in Ewing, NJ through Auction.com. It's a FNMA property which we were supposed to close in early December 2017. The closing is delayed yet again because their title company does not have clear title.  Is this the norm?  What is the average time period before closing on FNMA properties?  

Thanks,

Lillian

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