Updated almost 11 years ago on . Most recent reply
Question on Fannie Mae Counteroffer
Hoping anyone that has bought from Fannie Mae can help on this. Just got a counter from Fannie Mae, and we are $4K apart. They are $2K down from list price. Since there were multiple offers and I have a financing contingency, I'm assuming I was highest (they only countered price). Am I safe to counter? I'd like to go up $2K, but would hate to lose the property over $2K. Any insight is appreciated.
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@Ursula B. Did you close? I am under contract and hoping to close with Fannie in January, but have heard they can cancel closing anytime.