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Fannie Mae and "Multiple Parcels"

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Lee -I don't say NO for any other reason than the obvious one: In such a situation, the H&BU as improved is not as one property. This is true no matter how much you desire to lump the 2 together to offer one opinion of MV>

That is your opinion and I understand your point of view. However, the assignment is for ( even in a refinance, a presumed sale ) the house sold together with an adjacent lot. I fail to see how that diminishes the value of the house on its lot - even if appraiser determines the vacant lot value is diminished by selling it together with a house. in any case, we have to explain what the "other" alternative use is if we mark "No" - so what would it be ? No? other -sell the house without adjacent lot?

Though I understand the reasoning, now we are telling people what they can and can not do in a market, even if what they want to do is legal. There is nothing illegal about selling a house together with an adjacent vacant lot. It becomes a valuation problem to be solved if that buyer is financing. Some want to decline the assignment, which may be a good choice.
 
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To Fannie Mae in general? Of course - that is information that could easily be obtained through a Google search. Lookit - there are lots of folks at fannie who I think are less than professional. I would, however, NEVER post their personal information on this forum without their permission. That is, and I'm trying to be nice, deplorable.
Lee -I don't say NO for any other reason than the obvious one: In such a situation, the H&BU as improved is not as one property. This is true no matter how much you desire to lump the 2 together to offer one opinion of MV>

That is your opinion and I understand your point of view. However, the assignment is for ( even in a refinance, a presumed sale ) the house sold together with an adjacent lot. I fail to see how that diminishes the value of the house on its lot - even if appraiser determines the vacant lot value is diminished by selling it together with a house.

We're back to square one.

For purpose of valuation, you want to pretend that there is one property where there are two. Following from that, you wonder why it is that when appraising the two as though one the H&BU as improved is not as you want? Simple--it's not. [edit to add:] Once you understand this and employ it in such situations, there will be no conflict and you will be able to respond to the H&B question with a YES.

Hence, why it is in situations--where it is obvious to the market that two are not considered to be a single whole--that the language is in error.
 
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alebrewer said:
To Fannie Mae in general? Of course - that is information that could easily be obtained through a Google search. Lookit - there are lots of folks at fannie who I think are less than professional. I would, however, NEVER post their personal information on this forum without their permission. That is, and I'm trying to be nice, deplorable.

BRCJR says:
It doesn't look like a personal email to me. It is a work email.

BIG difference.
 
alebrewer said:
To Fannie Mae in general? Of course - that is information that could easily be obtained through a Google search. Lookit - there are lots of folks at fannie who I think are less than professional. I would, however, NEVER post their personal information on this forum without their permission. That is, and I'm trying to be nice, deplorable.

BRCJR says:
It doesn't look like a personal email to me. It is a work email.

BIG difference.
Could you have found it without Mr. Lansford's assistance?
 
alebrewer said:
To Fannie Mae in general? Of course - that is information that could easily be obtained through a Google search. Lookit - there are lots of folks at fannie who I think are less than professional. I would, however, NEVER post their personal information on this forum without their permission. That is, and I'm trying to be nice, deplorable.

BRCJR says:
It doesn't look like a personal email to me. It is a work email.

BIG difference.
There is not a BIG difference. Whether it's work, or home, it is still personal (of or belonging to a particular person). Unless I give someone permission to post ANY of my contact information on a forum, it is deplorable. Period.
 
1. I am not the one that misspoke.
2. My work email is on my business card.
 
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There is not a BIG difference. Whether it's work, or home, it is still personal (of or belonging to a particular person). Unless I give someone permission to post ANY of my contact information on a forum, it is deplorable. Period.
Again, in your opinion. You are entitled to your opinion. Extending your thoughts, it would be wrong to share the USPS mailing address.
 
1. I am not the one that misspoke.
2. My work email is on my business card.
It seems it was you who misspoke - you don't understand the definition of personal - has nothing to do with whether it's a work, or home, email. And I could care less what your email address is - if you want to post it, that is PERFECTLY all right. What is NOT all right is for someone else to post it without your permission.
 
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