Fannie Mae/EVERHOME - Escalation information - Short Sale Superstars2024-03-29T09:35:52Zhttps://shortsalesuperstars.com/forum/topics/fannie-mae-everhome-escalation-information?groupUrl=everhomeshortsales&feed=yes&xn_auth=noI feel your pain, Mariana. Th…tag:shortsalesuperstars.com,2014-03-13:3468065:Comment:3459462014-03-13T17:55:03.442ZElizabethWeintraub00697006LyonREhttps://shortsalesuperstars.com/profile/ElizabethWeintraub
<p>I feel your pain, Mariana. This is Fannie Mae's way of telling you it probably does not want to do a short sale. Its "valuation" is not based on a BPO or an appraisal, and agents who continue to insist that Fannie Mae's valuation <em>must</em> have some correlation to actual market value because logic dictates are setting themselves up for major disappointment.</p>
<p>Your choices are a) find a fool -- and there are a few of those, or b) drag it out to rejection because, in the end, Fannie…</p>
<p>I feel your pain, Mariana. This is Fannie Mae's way of telling you it probably does not want to do a short sale. Its "valuation" is not based on a BPO or an appraisal, and agents who continue to insist that Fannie Mae's valuation <em>must</em> have some correlation to actual market value because logic dictates are setting themselves up for major disappointment.</p>
<p>Your choices are a) find a fool -- and there are a few of those, or b) drag it out to rejection because, in the end, Fannie Mae will win. Stop trying to beat a dead horse.</p>