Comments on: Fannie Mae’s Definition of Market Value

By: The Effect of Crime on Commercial Property Market Value and Appraisals - Part 2 of 5 | Appraisal Matters

Wed, 28 Oct 2009 22:48:25 +0000

[...] that a “well informed and advised” market participant would know, as stated in the definition of market value. There was no way around it in the income and expense declines and any income approach conclusion [...]

By: Ryan Lundquist

Ryan Lundquist — Fri, 10 Jul 2009 02:20:01 +0000

Hi Ann, you can reach Fannie Mae at http://www.fanniemae.com and 1-800-732-6643 (Resource Center). I don’t know if they will hear you out or not. Does Fannie Mae already own the loan or does it still belong to BofA? If FNMA does own the loan, then they be interested to hear what you have to say. If not, then you may need to take another stab with BofA. Let me know what happens. I’d be curious to hear more about your situation too. Feel free to comment, call or email me if you’d like.

By: Ann

Ann — Thu, 09 Jul 2009 23:52:40 +0000

Does anyone know a phone number to contact fannie mae regarding their unrealistic value as the investor in a short sale. We are trying to dispute the value of an appraisal done in May 09. We offered more recent comps to BofA (servicer) but BofA states Fannie Mae will not consider.

Do you know of anyway to dispute value with Fannie Mae? All help is greatly appreciated.