When you plan on purchasing a home using mortgage money it doesn’t matter what type of mortgage you are applying for (FHA, VA, Conventional) - your mortgage lender is going to order an appraisal of the homes value.
They will want to make sure that the amount of money you are asking to borrow is not [...]
Making an offer to purchase a Macomb County home? Ask your buyers agent to help you avoid an appraisal issue
February 5th, 2010 · No Comments · Appraisals in Macomb County MI, macomb county mi real estate market, tips for home buyers
Tags:Appraisals for home buyers·macomb county michigan real estate market
Another change to the home purchase process
May 10th, 2009 · No Comments · Appraisals in Macomb County MI, macomb county MI
One of the new changes to the process that occurs during home buying has been implemented: HVCC - the Home Valuation Code of Conduct - went into effect on May 1st of this year.
If a home buyer is using a conventional mortgage (not FHA or VA) the appraisal that is ordered will now be subjected [...]
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