Archive for Appraisal

More Than Just The Value!

Posted in Housing, Personal Finance with tags , , , , , , , on January 31, 2009 by Vicky

Crackdowns on unethical practices that have made a debacle of our housing industry are being launched with precision. Our federal government in consortium with Fannie Mae, Freddie Mac, Wall Street and mortgage lending institutions are slowly, but surely restoring the confidence level of mortgage fraud victims—property owners and mortgage investors alike—and future home buyers.

Here are some important points for you to know about getting a copy of your appraisal. By law, whether you are purchasing or refinancing your property, receiving a copy of your appraisal is your right. It helps lessen your chances of becoming a victim of mortgage fraud. Without seeing how your property was valuated, all kinds of red flags can be raised such as . . .