Orlando, San Diego and Detroit are the lucky cities that get to test Fannie Mae's new pilot program for submitting offers on foreclosed properties. In an effort to increase transparency and efficiency, HomePath Online Offers requires all offers to be submitted through Homepath.com by licensed real estate agents. The buyers' agents will be able to track the progress of their offers, see offer confirmations and see all other offers on the properties.
Dare we say that the foreclosure process is about to get easier?
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