1007 rental photos required by Fannie Mae?

[OhioApprzr]

are they, I have a client that is requireing me to add rental comp photos...I never have...I've tried to research efannie mae to see if it is a requiremtn by fannie..can't find it

anyone

 

[CANative]

There is no requirement. If it wasn't part of the original engagement letter or order then tell them there is a fee for providing photos. Perhaps you can find some MLS photos that will make them happy.

 

[OhioApprzr]

There is no requirement. If it wasn't part of the original engagement letter or order then tell them there is a fee for providing photos. Perhaps you can find some MLS photos that will make them happy.

sure would be niceif I could find a statement in allregs..might you know where I can find verbage? :blush:

 

[CANative]

See if you can find the regulation that says you don't have to use the same color of houses for comps.

 

[OhioApprzr]

See if you can find the regulation that says you don't have to use the same color of houses for comps.

:glare: thanks

 

[Pilgrum]

OH boy!! A reason for an additional fee. Oh joy!

 

[CANative]

I wasn't being a smarty pants. I'm just saying you can't prove a negative. If there is no requirement for something then there is no requirement.

 

[OhioApprzr]

NEWS FLASH!!

It is a requirement for RLS...it's in the fine print


grrrrrrrrrrrrrrrrrrrrrrrrrrrrr

I hatttttttttttttttttttttttttttte these management companys :new_2gunsfiring_v1:

 

[Tawfik Ahdab]

See page 483 of the 10/09 Fannie Mae Selling Guide



"• Clear, descriptive, original photographs showing the front, back, and a street scene of the

subject property and the front of each comparable sale. The subject and all comparables must

be appropriately identified. Photographs of comparable rentals and listings are not required."

 

[Pittsburgh Pete]

So when you drove by the rental comps you didn't bother to take a picture? That was silly!