When you get a mortgage to buy a home, you typically need to have the house appraised. Your mortgage lender will mandate an appraisal to find the fair market value of the house. Lenders want to know ...
Written by Bill Waltenbaugh, as originally published in The Reverse Review. Q: Why have appraisers become so picky about repair items such as minor peeling paint on structures and even fences? A: To ...
Question: What documentation is required after the appraisal is completed and the subject property is located in a disaster area? Answer ... With hurricane season and wild fires in full swing, the ...
Written by Bill Waltenbaugh, as originally published in The Reverse Review. Q: I have a reverse mortgage borrower who has been advised her home will be sold in a sheriff’s sale due to nonpayment of ...