|
| |
housing market: Changing Home Sale Market in Chicago and Suburbs - 06/25/09 05:56 PM
What is the next glitch in the changing home sale market for Chicago and the Suburban Market? What also affects those property owners who want to refinance their property or do a mortgage modification? Its the Appraisal.... Since May 1, home appraisals must be ordered at arm's length, often through a national management company. Gone are the days when a mortgage broker or lender could hire a familiar appraiser to close a deal. Now, communication between the appraiser and real estate agents is discouraged. The new rules were proposed by New York Attorney General Andrew Cuomo, who pushed for the standards
(0 comments)
|
|
|
|
|
|
|
|
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2012 ActiveRain Corp. All Rights Reserved
