Real Estate Appraisal Rules Change Again
February 12, 2015 by Laura Duggan · Leave a Comment
On January 26, 2015 new appraisal rules went into effect that will likely delay residential real estate closings. The new FNMA/FLMC required appraisal review system called “Collateral Underwriting” (CU) is an automated system where appraisers must submit their appraisals for review. For the past 5 years, lenders have had to upload the appraisals to this […]
Filed under Finance, Home Buying, Home Selling, Real Estate Trends · Tagged with appraisal, Home Values, Laura Duggan, Real Estate, West Austin Properties
Austin, TX: Quenching a Thirst
October 4, 2013 by Gail Boston · Leave a Comment
Tracking rainfall back in time through the growth rings of trees tells us exactly how the current drought will end: flood. History tells us that in this region, a cycle of extreme drought is always broken by floods. Strong September rains remind us of this eventuality. To catch valuable run off during these torrents […]