Economic News, Financial News, Lender Information
Has the Pendulum Gone to Far?
July 22, 2009 by Sharron · Leave a Comment
If you have your home for sale today and are lucky enough to find a buyer, then agree on the price which is fair in today’s market, all of the inspections issues are resolved, and the buyer is pre-approved from the bank, then it looks like a sale, correct?
Well think again with the new laws regarding the bank appraisals. How many homeowners think their home is sold, then are stunned when the home does not appraise out. So how far has the pendulum gone the other way?
