Archive for November, 2011
Real Estate Appraisal Help
Tuesday, November 22nd, 2011What can be done to protect from a low appraisal?
Be proactive. Federal rules allow you to provide the appraiser your own comps — recently sold properties of similar size, condition and amenity levels in your immediate market area. Your realty agent can help you pull them together before the appraiser arrives. Or for a fee [...]
FHA Loan Limit Back to $729,750
Saturday, November 19th, 2011Congress Passes FHA Loan Limit Increase
and Flood Insurance Extension Nov 18 ,2011
Last night Congress passed an omnibus bill, which included an increase to the Federal Housing Administration (FHA) loan limit and extension of the National Flood Insurance Program. If the bill is signed by President Obama, the FHA loan limit will be increased to $729,750 [...]
