we are buying a fannie mae house its been 1 month and still no signed contract back from them .Just recieved

Pmg
Home Buyer
33153

email that it is in qc process which could be an additional 4 weeks. We are paying with 75�sh and small conventional loan

Answers (2)
The Ribenboim T...
Agent
33146

Your Realtor needs to speak with the FNMA Realtor and find out what is going on. FNMA can take a long time to respond. Did you get a verbal acceptance? If so, you should be progressing with the deal. Have you spoken with their closing agent? If you have not gotten a verbal acceptance, you need to have your Realtor check to see if someone else got the house.

Mon Jul 6 2009, 19:15
Lynn911.com Dal...
Agent
Dallas, TX
FIRST ANSWER

I always tell my clients keep looking if you have contract on bank foreclosure home or short sale. One month appears to be an extremely long time ,

National Featured Realtor and Consultant, Mortgage Loan Officer, Credit Repair Lecturer
Lynn911

Web Reference: http://www.lynn911.com
Mon Jul 6 2009, 19:10

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