Search Powered by:
Tag: appraisal
Major Changes with Appraisals for Conforming Loans
This morning it was announced from OFHEO that Fannie Mae and Freddie Mac have agreed to some major changes with regards to how appraisals will be ordered for conforming mortgages:
“…including eliminating broker-ordered appraisals, prohibiting appraiser coercion, and reducing the use of appraisals prepared in-house or through captive appraisal management companies in underwriting mortgages. The agreements [...]
Posted: March 3rd, 2008 under Buyer Information, General Real Estate, Mortgage and Lending.
Tags: appraisal, cuomo, fannie, freddie, lottery, ofheo, wamu
Comments: 57
The Northwest: blessed with water,mountains, settings and views. How do you value views?
How do you value views? I don’t know.
Growing up on Capitol Hill is a far cry from acreage, cows, chickens, Llamas and horses. To say my current environment is different from where I grew up is an understatement. The house I grew up in had what I thought was an excellent view [...]
Posted: February 21st, 2008 under General Real Estate.
Tags: appraisal, Legacy-Escrow-Service, Mountains, Views, Waterfront
Comments: 20
CNN Money.com: Appraiser sues WaMu
The intersection of ethics and real estate meet again
As if WaMu didn’t have enough on its public relations plate, CNN Money reports:
Jeniffer Wertz, who is seeking unspecified damages, says WaMu stopped accepting her appraisals in mid-2007 a month after she reported that her local housing market in California was “declining.”
Evidently, Wertz claims that Washington [...]
Posted: January 17th, 2008 under General Real Estate, Mortgage and Lending.
Tags: appraisal, fraud, Legacy-Escrow-Service, lending, loans
Comments: 19
Moving Forward…
I’ve been a little busy lately, so I haven’t had a lot of time to give an update on some of my favorite conversations around the web… Nonetheless, I’m back for an abrivated version (i.e. only 9 articles instead of the usual 10)…
Beau turned me on to a great article by Jay regarding the 30-year [...]
Posted: September 13th, 2006 under General Real Estate.
Tags: ads, appraisal, Bubble, homework, Investment, list-of-10, long-term, map, Mortgage and Lending, move.com, Moving to Seattle, nyt, rates, real-estate, tool, video, windermere
Comments: 7
Appraisal Question
While the buyer is paying for the appraisal, they are paying for it as part of their loan costs. The appraiser is hired by the lender and works for the lender and his/her purpose is to inform the lender. I just saw an appraisal of a property I know would sell at about $950,000, come [...]
Posted: March 21st, 2006 under General Real Estate.
Tags: appraisal, home, owner, seller
Comments: 4
