Watch Your Step!!!

I do a lot of appraisals for people refinancing their house. Just as many people use FHA (government-guaranteed) loans to refinance as they do to buy homes. And with the recently-lowered Mortgage Insurance rates, I expect to see even more. FHA/HUD has tougher requirements for their lending than banks who do conventional loans. As an…

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The Appraiser’s Coming… What Should I Do?

With interest rates at an all-time low, it’s not only a great time to buy a house, it’s an even better time to re-finance the loan you have. Refinancing a loan is, in most cases, going to require an appraisal. And the higher the appraisal, the better for the borrower. So what can you do…

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