Just looking for any input on others experiencing the Fannie & Freddie inflated value issues. Any recent updates or solutions? I have two files right now that that I am experiencing this with,…Continue
"Looks like Fannie Mae Short Sale Guidelines haven't changed. They just hit us with an over priced counter. We're going to have to take out the big guns (reports, appraisals, bids, etc.),
I'd say wish us luck but we've got…"
"I am in the process of sending in a dispute today. Fannie is saying that the property is worth $260,000. This would be the case, if the house was in pristine condition. The negotiator (Wells Fargo) highly recommended disputing the…"
"Is anyone having any forward movement on these issues? My Fannie Mae issues are only getting worse as the year goes on. Now EVERY Fannie valuation is overpriced, and disputes don't seem to have much affect. If they revise their values at all,…"
"Need some help superstars! Fannie
Mae came back at 275, they want our best and final offer. The appraisal was 241 that we sent as a value dispute. FM has seen this. Our initial offer was 225, we have to come up from that. Any thoughts on what the…"
"newest update, this is getting ridiculous. for the past month and a half, all we have heard is "in the next 7-10 days", then we get a bit further, and again get "you should hear in the next 7-10 days"
The appraisal the seller…"
"I have a ss that is a fannie. started 18 months ago. I am a broker and have negotiated all my short sales since 2009. Every one has closed whether they were current on their payments or behind. Original offer was 170k supported by a full…"
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