Mortgages....
Appraisals....
and the Government, OH MY!
Without rehashing the financial meltdown of the past two years, a flurry of activity has been in motion to prevent it from happening again. Part of this new remedy and essentially, new world, is a set of rules now mandated by the government.
What does this mean to you if you want to mortgage your next Fairfield house? Closing costs went up, there is no such this as fast closings anymore, and the entire industry will be hand tied because of the criminal actions of a few.
more on the new appraisal rules
