In Naples, FL we submitted an offer for Fannie Mae property at 5031 HICKORY WOOD DR, NAPLES, FL 34119 - REO ID A131Z58. The Buyer is a First Time Home buyer and qualified to purchase. This is the exact buyer profile the Homepath was setup for. Getting First Time owner occupants in these home is what it's all about. Janice Gover is the Realtor representing Fannie Mae. On June 1st we were told to submit our highest and best offer because there were 3 more offers. We did so and were told we were highest but they wanted to counter with some changes. Fannie Mae lowered the inspection time to 10 days and appraisal time to 10 days. We accepted those changes and signed that acceptance in Homepath. Homepath.com and the Realtor said our offer was "Accepted." We need only wait for the Addendum. We wired the $5, 000 deposit to Fannie Mae's lawyer in Tampa. On July 3rd we get a call from Janice Glover saying they decided to do another "highest and best" because she got another offer that was higher than our "Accepted Offer. This is considered Unfair Dealing within the Ethical guidelines of a Realtor not to mention that it's ripping a home away from a First Time buyer. As Realtors we are expected to Protect the Public not sell them something and then take it away when a better deal comes along. These people should be prosecuted to the greatest extent and this First Time Home Bubyer should get this home.