Profile picture for answerforeclosure

Why does Homepath list a home as new and then state it is unavailable?

  • October 12 2010 - US
  • 0
    0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

 
 

Answers (5)

Ed is correct. I handled two Fannie Mae listings several years ago. But my broker opted to end the contract with Fannie Mae so the listings were reassigned to another agent.

Fannie Mae will also switch agents if they are dissatisfied with the work being done on the listing or the agent has opted to drop the listing.
  • October 12 2010
  • 1Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Sometimes they list the home with a Realtor and that relationship doesn't work out, so Fannie pulls the home off the market while they work on finding an agent to re-list the home.

I have seen this a lot recently with a certain agent in my area. All of his Fannie Mae listings have been pulled off the market.
  • October 12 2010
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

I check random properties on Homepath that were coming soon listings. Only one was listed and that property was listed today.

If you see a property that you are interested in either buying or seeing, there is an email link to the listing agent. Either you or your agent can send them an email. Just send them a polite note that says you are interested in viewing this home and would like to be notified by email or telephone when the property is listed. I've used this method on properties that were in the pipeline and I almost always  get a phone call.

Usually these are homes that were previously listed for sale, so if you need photos your agent can send you the expired listing from MLS.

In some MLS systems, your real estate agent also might have the ability to set up an auto email for a home that notifies you when the property is listed on MLS.
  • October 12 2010
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for answerforeclosure
What I mean is that you can sign up for Homepath to email you with foreclosures that come available in the area you specified. I have been sent emails of some new foreclosures waiting for them to set the price and under the address of the listing it will say unavailable. Some of the other new listing will say coming soon. Why would a new house just listed say unavailable?
  • October 12 2010
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

don't understand the question.   If you are asking that there is a new listing of a property that you called about and you were told it is no longer available, it is completely possible that they received an offer already and negotiated a contract.   Most of these will not show as "under contract" or pending sales until after the bank provides signed copies of the final agreement.   And, many times the servicer will not allow the listing agent to ever place the listing in pending - it remains active until the sale is actually closed and final.
  • October 12 2010
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.