Keith Hauschulz
Keith Hauschulz
Windermere Real Estate/BI, Inc.
keith hauschulz bs, mba | office direct: 206.780.7690 | cell: 206.920.7802 | email: keith@windermere.com

settlement lifts hopes for housing recovery

Posted on February 10, 2012
settlement lifts hopes for housing recovery

following is a copy of a link to an article by nick timiraos and ruth simon appearing in the february 10, 2012 on-line edition of the wall street journal on the subject of the recent settlement with major banks over alleged foreclosure abuses.
 

Comment Posted on "settlement lifts hopes for housing recovery"
1 Denver Real Estate
Posted February 16, 2012 11:07 PM

Most brokers and even developers are claiming that these out of town appraisers are delivering much lower than expected housing value estimates which are in turn causing major problems for both borrowers and lenders. It is increasing the friction and tension that borrowers and lenders are experiencing, making closing the deal at the previously accepted prices that much harder and putting those agreements at risk.

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