We all know it is not easy to get a loan these days, but banks have gone truly crazy. With the Fed pumping money in the banks, the banks are supposed to start lending again. Here is what I got on a refi: at 60% LTV, 4.975 points and a rate of 6.875%. How is that for a profit? They get the money a
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10/24/2008
Hello All: All real estate agents should be very aware of the impact of a bad appraisal on the possibility of getting a loan. This is an actual case. An appraiser from out of town , heck out of area, appraised a four unit building. He did not like it although the building is in great shape. It ma
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10/16/2008
