How long do I need to wait for the bank to sign the addendum to buy a foreclosure?
November 30th, 2010
1 comment
I sent a purchase contract to Fannie Mae for a foreclosure and they sent back an addendum. I reviewed it, signed it and sent it back last week. How long do they usually take to signed the contract? and how about if they hold the contract for another week or weeks to see if they get a better offer, can I get out of it?