Remove blogs become-real-estate-agent-san-jose
article thumbnail

Risk of mortgage fraud is on the rise in the current market

Housing Wire

Eric Hill, an Atlanta real estate agent representing a nationwide homebuilder, had a plan to help more than 100 homebuyers get mortgages. It becomes a more concerning 1 in 23 if we only look at investment [property] purchases,” she added. The problem: They did not qualify for the loans. Million — [Tampa, Florida].

Mortgage 409
article thumbnail

Functional Obsolescence for Appraisers

Appraisal Today

I assume (hope) they ask local agents. I regularly tell local agents that “tandem” rooms don’t count as bedrooms. NOTE: Please scroll down to read the other topics in this long blog post on Pool converted to man cave, saving noney, NJ appraiser censorship, bias, unusual homes, mortgage origination stats, etc.