I know that some of you will say “Why should I get an appraisal when I am an agent and can do my own market analysis?”, but there are benefits to the appraisal. My main concern here is with the homeowner who want you to over price their home. When you know that they are […]
FHA Tip: Turn The Water On To Save Your Borrower Money
March 14, 2010 By 4 Comments
I recently did an FHA appraisal on a property. The home was relativily new so there were not major issues with peeling paint, inadequate electrical service, or other typical concerns. The only issue was the fact that the water had not been turned on. The property was a foreclosure so this is not untypical, however […]
Realtor Tips For FHA Appraisals
February 25, 2010 By Leave a Comment
In recent months FHA financing has been on the increase. With the decline of the sub prime lending market, and related creative financing programs, many lenders have been offering FHA loans to many homeowners for refinancing and home purchases. Current FHA requirements are not as stringent as they once were. If you are interested in […]
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