Fannie Mae REO Homes / Subcontractors (Brokers)

NC, United States Review updated:

Fannie Mae a privately owned Corporation, has unfair practices regarding the protection of buyer rights. North Carolina affords no protection for Fannie Mae REO home buyers - only protection for Real Estate Brokers and Agents representing the seller (Fannie Mae). All risk, expenses, and fees are passed on to the buyer. Even in an all cash purchase offer, the Broker can give the buyer the run around and eventually buy the property for themselves, family, or friends - claiming no offers were made. Is there anybody who can hold these animals accountable for their actions?

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  • Bo
      Nov 22, 2009

    Fannie Mae is owned by the federal government you ###.

    0 Votes

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