If I get preapproved with Fannie Mae, can I buy a foreclosure? If yes, can I buy it from an auction?
July 19th, 2010
3 comments
I’m located in Georgia, and I want to buy a foreclosure. If I get preapproved through a Fannie Mae lender can I buy at an auction or do I need to use a realtor? Also, can I get rehab money included in the loan (that is if the house is less than my approval amount)?
Thanks!
