purchases

What To Do When 1 in 8 Home Purchases Have A Low Appraisal

When you finance a home purchase, your lender will make the loan based on the lower of the home’s appraised value and your contract price. And right now, CoreLogic data says about 13% of appraisals (1 in every 8) are below purchase contract prices in America. So is your home purchase deal dead if your […]

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Fed’s Kaplan cites real estate excesses as one reason to start tapering purchases

Dallas Federal Reserve President Robert Kaplan cited potential excesses in the housing market as an indication that the central bank should start tapering….(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read it. Around The Web

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