Asked by Erica Texada, Realtor, MIDLOTHIAN, TX • Thu Mar 22, 2012
issues? Fannie Mae wouldn't allow an amendment for lowering price. It was discovered that the listing agent used comps from a different city and county to justify the higher price, after further review the neighborhood had 6 available comps. Fannie Mae ignored along w/the agent and demanded my buyer go fannie mae homepath financing or conventional. My buyer declined b/c they didn't want to buy a home knowing they were upside down in, as soon as they opened the front door. Also, bring additional funds to closing. Is this predatory?
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