irene: Tips for a Smooth Post-Hurricane Irene Real Estate Closing on the East Coast
- 08/31/11 08:19 PM
Tips for a Smooth Post-Hurricane Irene Closing on the East Coast Today we received several reports of some difficulties closing real estate transactions in the aftermath of Hurricane Irene. The first is that certain loans may need to have an additional inspection performed by the real estate appraiser to verify whether or not the property in transaction sustained any damage from the storm. Read more about the procedure to be followed on the Freddie Mac website. Please have your buyers check with their mortgage professional to verify whether or not recertification of property condition is necessary. Second, local utility companies are (2 comments)