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fha appraisals in missouri illinois: FHA Property Guidelines Are Not Understood by Many Mortgage Originators! - 12/15/08 11:13 AM
I receive FHA appraisal orders from many different people and many different mortgage companies across the country. I know many times these Mortgage Professionals tell me they telephone interview a perspective borrower about their home and after I leave the home it is obvious they have no idea what questions to ask before ordering the FHA appraisal.
I am sometimes told "The house does not sound to be in the best condition," or a similar line. On many occasions the home is just slightly dated and meets all FHa conditions, the originator worried for no real reason and might have scared their … (35 comments)

fha appraisals in missouri illinois: What Has to Happen Before We Are On Track? - 06/08/08 03:05 PM
I look at my home area of St Charles County, MO, and I see a market that is crippled by many things. (I often rant about negative news on real estate, however here I go.) This area is not unlike many other areas across the country.
I see many potential new home buyers that cannot qualify for a mortgage, due to the tighter credit market. HUD has stepped into other areas, however does not seem to want to lend additional help in the FHA program in this area. Mortgage insurance prices are up because of all the REO properties and the losses … (2 comments)

 

James Graner

Saint Charles, MO

More about me…

Residential Services: http://appraisalmo.com

Address: 1245 Cunningham Ave, St Charles, MO, 63301

Office Phone: (636) 916-4325

Cell Phone: (314) 277-3336

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Things that I like to write about! This might include general real estate matters, sports, politics, mortgage business, or real estate appraisal.


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