Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago on . Most recent reply

Fannie Mae Owned Property Termite Inspection Report
Hi BP,
I got my termite inspection report today. It shows evidence of past termite damage with no professional treatment. I'd like the seller to pay for this treamtement ( $700 ).
It's a Fannie Mae owned property. I just got an email from the listing agent and she is claiming (without submitting my response to Fannie Mae) that seller will NOT pay for it.
I just read the Fannie Mae addendum, however I didn't find any specific language regarding termite damage.
By the way, I am getting financing for this property from a portfolio lender.
Any suggestion / assistance would be appreciated.