Fannie Mae Outlaws Appraisal Cutting

I didn’t realize that underwriters cutting appraisals was still a problem.  I mean, I remember it being a big deal when it seemed that everyone I knew wanted to refinance and take their equity out to spend on whatever they wanted.
But I thought those days were long gone.
Turns out maybe not.
It must still be happening [...]

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Fannie Mae Outlaws Appraisal Cutting

Source: Fannie Mae Outlaws Appraisal Cutting

MIT-Harvard Study: Foreclosure drops house value by 27%

MIT-Harvard Study: Foreclosure drops house value by 27% July 26, 2010 — HousingWire A foreclosure reduces the value of a house by 27%, on average, and accounts for a much steeper price drop than other forced sales, according to a study by an Massachusetts…(read more)

Source: MIT-Harvard Study: Foreclosure drops house value by 27%

U.S. Foreclosure Heat Map - June 2010

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Source: U.S. Foreclosure Heat Map - June 2010

How Do We Learn Widely Based Complex Disciplines?

One of my all-time favorite quotes: “In the end it all comes down to talent. You can talk all you want about intangibles, I just don’t know what that means. Talent makes winners, not intangibles. Can nice guys win? Sure, nice guys can win — if they’re nice guys with a lot of talent. Nice [...]

This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.

How Do We Learn Widely Based Complex Disciplines?

Source: How Do We Learn Widely Based Complex Disciplines?