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Loan Modification

: Loan Modification & Home Loan News

Strict appraisal laws hold up metro Detroit home sales

By Moe Bedard

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(Source: By Greta Guest, Detroit Free Press) –Detroit-area real estate agents say up to 40% of their deals have unraveled in the past year as stringent laws regulating home appraisals have made it tougher for homeowners to get the dollar amount needed to sell. Appraisals, many of them inflated during the market boom, have fallen [...]

Full post as published by Loan Modification & Home Loan News on January 17, 2011 (boomark / email).

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