Residential Properties Ltd.

Real Estate Insight®

September 2, 2009
by realestateinsight
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Home Valuation Code of Conduct

 The National Association of Realtors continues a lobbying push for the an 18 month moratorium on the Home Valuation Code of Conduct , arguing that they produce deal-killing appraisals and  encourge the use of appraisers unfamiliar with local conditions. Adopted … Continue reading

July 1, 2009
by realestateinsight
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HUD Mortgagee Letter Released on Condominium Approval Process

The US Department of Housing and Urban Development (HUD) released a new Mortgagee Letter 2009-19 last week, detailing new changes in the condominium approval process.  While the new guidelines abandon the one-year waiting period before considering loan applications on condo … Continue reading