August 28, 2011
Appraisal
I still have borrowers calling me requesting a copy of their appraisal, and when I tell them that they have to get it from the lender they often get quite upset because they’ve tried that. You would think that with all of the new rules and regulations borrowers still wouldn’t be getting the runaround on this. […]
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August 21, 2011
FHA
There a couple of things that HUD looks for when you appraise homes with well and septic. First, you need to verify whether the property can be hooked up to the municipality’s public water and sewer system. If it can, but it would cost more than 3% of the sales price, then the existing on-site […]
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