Fannie Mae – Nightmare
Random ‘rants’ found across the Interwebz.
We found a property through coldwell banker, made an offer and it was accepted.The agent showed us the house several times, and even went over the property lines.
We paid cash, got the keys at closing and immediately went to work fixing the home. To the tune of an additional 60k over what we paid. This was 9 months ago. We recently found out that fannie mae had wrote the wrong property description down, and we may have purchased property they never legally had the right to sell.
Who the *** is responsible?The seller ( fannie mae), the agent ( coldwell banker), the title company, or the closing company?