Source: http://news.mortgagecalculator.org/appraisals-continue-to-affect-closings/
Saturday, May 12, 2012
Appraisals Continue to Affect Closings
As if obtaining a mortgage loan wasn’t difficult enough, it turns out there was one more obstacle which has to be overcome: the appraisal. Thanks to new federal regulations, appraisals have now become a nail-biting experience. The best advice for both buyers and sellers is to avoid obtaining one altogether. Unfortunately, all lenders will stipulate [...]
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