For home sales contingent on financing, the appraisal has the potential to derail the entire sale — or validate the price, cinching mortgage approval.
When an appraisal comes in below the price the buyer and seller agree to, this is known as a low appraisal. The mortgage lender will not ...
View More
by JamieD, Former Moderator
Tuesday, 08/03/2010 - 8:37am
Without the right financing, the chances of your business succeeding are slim to none. Whether you're looking for start-up capital or funds to keep your business operating, it's important to know the best way to go about finding ...
You probably know from recent news reports or your own experience that lenders are tightening their standards, making it harder for some people to get a loan or charging more for some types of credit than in the past. But what you may not know is that credit is still ...
View More