FW: Inman AM: Appraisal issue coming to a head

 

 

Mark Daniel Adamczyk / Realtor
Office: 407-909-9331
Cell: 407-949-1916
Mark@ItsYourSale.com

 

http://www.ItsYourSale.com

 

From: Inman News Headlines [mailto:dailynews@inman.com]
Sent: Friday, June 26, 2009 6:59 AM
To: mark@itsyoursale.com
Subject: Inman AM: Appraisal issue coming to a head

 

ADVERTISEMENT Work with Bank of America, a stable, trusted lender broker/owners can count on, to improve your prospects for growth in your market. Click here to learn how our Real Estate Center® enables millions of motivated prospects to connect with members of our Preferred Real Estate Broker Network®. TODAY'S TOP STORIES = Premium Member News - Join Now » Friday, June 26, 2009 Appraisal issue coming to a head An increasingly common complaint of Realtors -- that "lowball" appraisals below agreed-upon sales prices are derailing many home sales -- has been taken up by industry trade groups. The National Association of Realtors and the National Association of Home Builders have both identified issues surrounding appraisals as a factor putting a damper on sales of new and existing homes in May -- the first month new rules governing appraisals conducted on loans slated for purchase by Fannie Mae and Freddie Mac took effect. More » The great condo collapse Owners advised to wait out downturn, not walk away Holding real estate agents accountable Real Estate Connect Speaker Profile: Eric Stegemann Closing.com gets ready for RESPA reform Site adopting new Good Faith Estimate format Fun with maps From Curbed.com blog OTHER TOP STORIES Keep social media social Realtor Notebook Contingent sales a tricky business Delayed deal can be losing proposition First-time buyer clueless about costs REThink Real Estate Dozens indicted in Chicago mortgage schemes Five cases involve straw borrowers, inflated appraisals Not all violations warrant eviction Rent it Right Little change in mortgage rates Mixed economic news keeps rates flat Latest News » ADVERTISEMENT Want to Know What's on Brad Inman's Mind? You can now follow him on Twitter @BradInman	ADVERTISEMENT Are You a Part of the Future, or a Part of the Past? Connect SF 2009 will bring together the innovators, technologists, visionaries and risk takers who will define real estate's future. Join Them! PRODUCT REVIEWS Product Review: T-reX Global tools Product Review: Foreclosure.com MOST COMMENTS Defaulting homeowners strike back
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