Updated over 7 years ago on . Most recent reply
Can you make an offer on an REO property before it on the market?
Title edit: before it's on the market
Help me out BP community!
There's a property I'm interested in that foreclosed, went up for auction, and now Fannie Mae owns it 100% since October 2, 2017. Can I make an offer on it before it's listed? I did some research before and I saw some "yes" and "no" answers so I'm turning to you guys.
Thank you!
Krystle
Most Popular Reply
No you cannot. A FNMA foreclosure will eventually end up at Homepath.com and most likely the MLS. You can set up a search at home path.com to be notified when a property becomes available in your area
FNMA has a First Look period where the property will only be available to owner occupants.