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Buying & Selling Real Estate

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41
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Ryan M.
  • Investor
  • Minneapolis, MN
11
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41
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Fannie Mae & seller paid closing costs

Ryan M.
  • Investor
  • Minneapolis, MN
Posted Jan 8 2014, 18:28

I've submitted an offer on a Fannie Mae (FM) owned property and I had requested seller to pay 2% of the closing costs. FM is countering and my broker is telling me that FM does not allow seller paid closing costs to investors?

Is there any truth to this?