h1

Appraisal guidelines changing

April 17, 2009

The mortgage industry is changing appraisal guidelines. Loan officers will no longer be able to choose the appraiser to appraise your home after April 30, 2009.

Because real estate appraising is not an exact science, the change in guidelines may affect the value expectations of your home.

 

If you are planning to refinance soon, you may want to consider starting the process before these guidelines change on April 30, 2009.

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: