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Old 07-16-2008, 01:29 AM
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Default How do I determine a reasonable offer on fannie

mae foreclosure? I'm just wondering how low can they go? With this fannie mae crisis, is it possible to land an acceptable offer at half the original list price?
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Old 07-16-2008, 03:05 AM
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It may be possible, but unrealistic. At half price the current market value, Fannie Mae is more likely to reject the offer and look for something closer to real market value, like any property owner would.
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