Buying the Money Pit Buying the money pit is easy when you’re too emotional about a home purchase. Home buyers can do this because no one buys a house they hate. You find a home you love and go after it. Notice the language I just used. It is very telling. You look at houses but… Read more »
Posts Tagged: bank appraisal
Real Estate Appraisal Rules Have Changed….Uh Oh
Real estate appraisal rules have changed in major ways. The changes are a response to the financial crisis. It’s an effort to avoid issues in the future that created havoc. When the Home Valuation Code of Conduct went into effect by Fannie Mae and Freddie Mac on May 1st, appraisal protocols for mortgage loans changed. To… Read more »
