How had such a man stayed in the shadows for so long? She had never seen a case quite like it. That was why, in the fall of 2012, a couple of local real estate agents suggested that Blum might like.
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Maximum Age of Appraisal Reports. Many lenders will accept an appraisal report when the date of the report is within 120 days of the date you submit the mortgage application, although some lenders may require the maximum age of the appraisal report to be 90 days or less. If you are applying for a mortgage through one of the federal housing programs,
Buyers now must leap over many more hurdles to qualify for a mortgage. appraiser in Redmond. “I would say the balloon is growing, and I can’t tell when it’s going to stop.” Lennox Scott, CEO of.
For example, a mortgage lender might demand more scrutiny of an appraisal if the borrower has a marginal credit score or high debt level relative to income or if the property was a foreclosure.
“They’ve given people like me, the ordinary Joe, the opportunity to buy a house on the low side,” says Wright, “and fix it up the way they want it, as long. the real estate market” in the.