Month: April 2011
Appraisals Coming in Low
Appraisals coming in low are part of the market that we are in. Nonetheless, it is still thoroughly frustrating for all parties involved each and every time an appraisal comes in low. Unless of course you are the buyer and the seller happens to be a bank or short sale lender. Then you may be jumping for joy because you
NON-ARM’S LENGTH
When there is a direct relationship between any of the parties to a real estate transaction, (including borrower, client, employer, lender, broker, appraiser, seller or builder) the transaction will be considered non-arm’s length. An Arm’s Length transaction would then be a transaction where all the parties involved are entirely independent of each other and have no reason for collusion. Who
