Real estate blog entries tagged with buying a house by Jen Hudson - Stanwood, Camano & Arlington,WA (Windermere Real Estate/M2, LLC)

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Home : Blogs : Jen Hudson - Stanwood, Camano & Arlington,WA : Jen Hudson's Blog : Tag "buying a house"

buying a house: How long does it take to buy a house today? - 10/11/09 01:53 PM

This summer brought two monumental changes to the lending industry. First, the HVCC eliminated a mortgage broker's or lender's ability to deal directly with an appraiser. Second, the Regulation Z was modified effective July 30, 2009.
So, what does this mean and why should you care?
For the HVCC rules, when your lender can't communicate directly with an appraiser, it drastically slows down the process. This new rule has made it virtually impossible for mortgage brokers or lenders to order the appraisal at the time necessitated by the circumstances of the transaction. In addition a mortgage professional is now going to get whatever appraiser is … (1 comments)

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Jen Hudson - Stanwood, Camano & Arlington,WA

Stanwood, WA

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Windermere Real Estate/M2, LLC

Address: 95020 19th Ave, Everett, WA, 98208

Office Phone: (360) 652-1200

Cell Phone: (206) 293-1005

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