over value: Fannie Mae overvaluing property by 20 percent Please sign petition - 01/29/13 11:48 PM
I specialize in short sales and about 6 months ago all I my Fannie Mae short sales (Even the approved ones) were coming back with values way above market price.  I found that this has been going on across the nation.
Fannie Mae admits to demanding 20% more than market value for short sale properties - forcing homeowners into foreclosure. They then offer the properties to the public on their homepath.com website at 20% above market value and will give a federally sanctioned Fannie Mae bad loan for this price if the buyer "takes advantage" of not paying for an appraisal. … (2 comments)

 
Rain Silverhawk, 208-610-0011 Sandpoint Idaho Real Estate Realtor (Sandpoint Realty rain@lakeandhomes.com)

Rain Silverhawk

208-610-0011 Sandpoint Idaho Real Estate Realtor

Sandpoint, ID

More about me…

Sandpoint Realty rain@lakeandhomes.com

Address: 1205 Hwy 2, Suite 203 B, Sandpoint, ID, 83864

Office: 208-603-2600

Mobile: 208-610-0011

North Idaho Realtor serving Sandpoint, Clark Fork, Hope, Naples, Bonners Ferry, Sagle, Cocolalla, Priest River, Laclede, Spirit Lake and more. Your Real Estate Need Is my first priority.


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