If someone could direct me to applications for RE agents to fill out to list foreclosed properties for Fannie Mae, Citi Bank, Countrywide, etc. I dont know how only certain RE company in a town list all the foreclosed properties from these mortgage entities. When a Fannie Mae loan is defaulted on and they get it back and want to sell it, I want to be the agent or one of the agents that they call in my area (North LA) to list the home for sell. ALSO I want to sign up with FANNIE MAE as Property Preservation Specialist to maintain these homes, such as lawn care, winterizaions, hurt assessment during foreclosure. I have scoured Fannie Maes website and can not find one place that helps me. Also need find the Fannie Mae guidelines on property preservation such as a handbook outlining their requirements to be done. I also need to find HUDS guidelines and want to be Agent in my area to list HUD Homes. Is it right, u have to knw peple in hgh places to get in.
Am real estate agent wanting to list Fannie Mae, Freddie Mac Foreclosed houses?
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To allow people to bid on HUD properties through you (as a licensed broker) you need to fill out a simple application on their website. But you will rarely see any HUD properties in California.
As far as Fannie Mae goes, you need to visit http://www.efanniemae.com, not http://www.fanniemae.com if you want to fill out forms to service their properties. Also, do a search on http://www.fanniemae.com for REO properties in California (currently there are 9) and contact the broker and question how he/she got started.
I'm glad you questioned this question, I found an underpriced property in my neck of the woods that I should check out.
Regards