Help, HSBC Valuation
Need help with HSBC unreal valuation. Bpo performed by out of area agent, now 4 months old, hsbc will not order new bpo, will not consider comps, will not budge on valuation. Any suggestions greatly appreciated.
Replies to This Discussion
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Permalink Reply by Nancy Green on
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Thank you for the info, I will see if it helps.
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Permalink Reply by Lesley Salman on
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I have had this happen with HSBC as well. In my case, the purchaser accepted the counter offer knowing it would not appraise when they got the appraisal on their loan. Once the appraisal came in low, we sent it back to HSBC & they reduced the price.
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Thanks for the info, we do not have a buyer yet because the list price is too high.
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Permalink Reply by Trong Dang on
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I work with HSBC on the valuation side and I can say that they will automatically re-order valuation every few months or so. It might be that they already has an interior 4 months ago and now are just doing exteriors. I also have done a few HSBC SS and the negotiators have been wonderful to work with. I am sorry to hear of your experience.
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Thank you for the input, I need your contact at HSBC. The manager I have says they will not order a new BPO until current one is 6 months old.
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