Tony Watkins
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Tony Watkins's Discussions

how to find out who the vendor is ordering the appraisal

Started this discussion. Last reply by Brett Goldsmith Aug 3. 1 Reply

  I have had issues with one Appraiser in my area. He always comes in 20k higher than FMV making it impossible to sell my properties and get an offer. To protect my clients, I have made a decision…Continue

does fannie mae have to send of copy of BPO to borrower

Started this discussion. Last reply by Smitty Sep 27, 2016. 3 Replies

Hi thought new rules came out last year that required all servicers or investors to share the BPO price with the seller if they request it. I asked Fannie Mae thru homepath that my client would like…Continue

 

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Brett Goldsmith replied to Tony Watkins's discussion how to find out who the vendor is ordering the appraisal
"Open up a case with HUD and request that a different appraiser be assigned if it's FHA."
Aug 3
Tony Watkins posted a discussion

how to find out who the vendor is ordering the appraisal

  I have had issues with one Appraiser in my area. He always comes in 20k higher than FMV making it impossible to sell my properties and get an offer. To protect my clients, I have made a decision not to let this appraiser into the property to do the appraisal. I told him of my decision and he got very upset. This began about 5 years ago and he has been causing trouble ever since. I have been successful multiple time in keeping him out, but he keeps putting up a fight and delaying my deals by…See More
Jul 19
Smitty replied to Tony Watkins's discussion does fannie mae have to send of copy of BPO to borrower
"Fannie doesn't give out their reports.  They take those reports and use internal data and spit out some ridiculous number.  We spoke to BPO agent who said he valued property at $140,000 - FNMA countered at $180,000.  So they…"
Sep 27, 2016
Tony Watkins replied to Tony Watkins's discussion does fannie mae have to send of copy of BPO to borrower
"Thanks"
Jul 29, 2016
Brett Goldsmith replied to Tony Watkins's discussion does fannie mae have to send of copy of BPO to borrower
"I believe you are wrong, but generally you can find out what the value is or assume that what they counter you at, that is the value. Some servicers such as BOA provide the BPO always now I believe. You may want to reach out to the servicer to see…"
Jul 29, 2016
Tony Watkins posted a discussion

does fannie mae have to send of copy of BPO to borrower

Hi thought new rules came out last year that required all servicers or investors to share the BPO price with the seller if they request it. I asked Fannie Mae thru homepath that my client would like a copy of the BPO. Homepath told me they do not share the BPO with anyone. Am I wrong?See More
Jul 29, 2016
Tony Watkins replied to Frank Biganski's discussion Wells Fargo Short Sale - About to enter foreclosure status next month - Need Advice
"Hi Frank You need to turn in a complete short sale package except the offer right away. Make sure you have a legit hardship and then call and ask them when they are doing the appraisal. Once you get that offer, then turn it in right away as well.…"
May 19, 2013
Tony Watkins replied to Linda Cadotte's discussion US Bank Escalation Contact Needed
"Hi Linda You need to find out who the investor is. If it is Fannie, you can escalate through homepath, FHA you can escalate through FHA call center  877-622-8525.  I am doing an FHA US Bank escalation as we speak and I am making progress.…"
May 19, 2013
Tony Watkins replied to Corinn's discussion BofA-FHA Question
"I am closing a B of A FHA Short sale this week I started in Jan 2012.  1st appraisal came in at 38k in Feb 2012. Listed at 38k but after 6 months and 2 price drops later, was only able to get a 23k offer. Requested a new appraisal after 6…"
May 5, 2013
Tony Watkins replied to Bonita (Bonnie) Seide's discussion Anyone have any advice?
"I am closing a B of A FHA Short sale this week I started in Jan 2012.  1st appraisal came in at 38k in Feb 2012. Listed at 38k but after 6 months and 2 price drops later, was only able to get a 23k offer. Requested a new appraisal after 6…"
May 5, 2013
Tony Watkins replied to Jill Schappel's discussion SPS - HELP
"I had the same result as Jill. I called everyday and they would tell me it is in review. Had a good offer in that met the BPO Value on OCT 6th 2012. I finally got approval in March and closed March 19th. Very frustrating, but be persistent and…"
Apr 28, 2013

Profile Information

First Name
Tony
Last Name
Watkins
State
missouri
City
st louis

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