After a vote today by the Federal Deposit Insurance Commission (FDIC) Board of Directors, banks making home mortgages will no longer need to obtain an appraisal for mortgages under $400,000. With the increased threshold approved by the FDIC today, a total of 72% of home mortgage transactions will be exempt from the Dodd-Frank Act’s rules
Real Estate Agents Aren’t an Inevitable Party in Property Dealings
May 24, 2013 by
Property dealings are not as simple as shopping in the mall for clothes, shoes, or accessories. Just selecting the place of your choice and paying for it is not possible in property matters. Both property buying and selling are difficult deals, and you must be alert enough so that the opposite party doesn’t take undue advantage of your naivety and cause you undue monetary losses.
