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Updated almost 12 years ago,

User Stats

1,769
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369
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Robert Adams
Agent
  • Real Estate Broker
  • Henderson, NV
369
Votes |
1,769
Posts

Fannie BPO's coming in WAY high. Anyone else experienced this?

Robert Adams
Agent
  • Real Estate Broker
  • Henderson, NV
Posted

Has anyone ran into this where Fannie is countering the buyer's offers on short sales waaay above what they will actually appraise at? Slightly above the appraisal value I can under stand due to the low inventory and high demand right now. But the price they want is unrealistic.

We have one right now and we are trying to get them to come down on the purchase price because what they are asking is ridiculously too high.

  • Robert Adams
  • 702-349-9175

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