Monthly Archives: August 2009

Tough Rules For Condos

Tougher rules for condo loans could put blocks on condo purchases. FHA, Fannie & Freddie appear to have increased the percentage of pre-sales required before they will lend on condo purchases and may be screening out projeccts where more than … Continue reading

Posted in Condominiums | Leave a comment


New rules have been adopted governing residential mortgage loan appraisals.  These rules are intended to assure the independence of appraisers from the lending institution by requiring appraisers to be selected by an independent appraisal management entity. The problem that this … Continue reading

Posted in Real Estate Appraisal | Leave a comment