Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on . Most recent reply

User Stats

36
Posts
5
Votes
Herlando Y.
  • Investor
  • South River, NJ
5
Votes |
36
Posts

Accepted Fannie Mae Counter Offer... Then multiple bids

Herlando Y.
  • Investor
  • South River, NJ
Posted

I will greatly appreciate if someone can shed some light on this.

I submitted an offer to the Fannie Mae Home path over asking price with all the proper paperwork. They counter asking for additional paperwork which I already provided. I provided the paper work to the Fannie Mae and the website stated they accepted the counteroffer. I did not hear back for 2 days and they I have to call to find out there was now multiple offers on the house. The offers came from the listing agent. 

Is there fraud going on? Was I already in contract once I accepted the counter and the website stated it was accepted? This is in New Jersey.

Thanks for your help.

Most Popular Reply

User Stats

23,418
Posts
13,511
Votes
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,511
Votes |
23,418
Posts
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

It's not legally accepted until you get a signed contract, not just an acknowledgment on the web site.

Loading replies...