Computerized appraisals have been an issue for awhile, but recently, they have become a problem for a much larger group of people. Appraisals done by people in general are both objective and subjective, which means that often if you had two professional appraisers come to your house, you would likely get two different price opinions, [...]
FHA Condo approval expiration dates were extended by the FHA, and this news shared by one of my mortgage partners, Brian Picker, of 1st Mariner Mortgage Corporation. Thank you, Brian! From Brian Picker, 1st Mariner Mortgage: Big news as older FHA Pre-construction Condos in Toronto projects were set to expire yesterday which would have been [...]
13 Ringleaf Court in Hunt Valley Station has returned to the market, and is a five bedroom home with two full baths upstairs, and a full bath on the lower level. **UPDATE: This home settled 1/28/2011** This is a Faust-built home in the Hunt Valley Station community. It is located on a court location, and [...]
With the many changes in the mortgage industry, it is hard to keep up with what deadlines are coming up next. On December 7, 2010, the FHA condo recertification process must be completed by each individual condominium complex in order to be eligible for homebuyers to receive FHA financing in their building. There is an [...]
Hunt Valley Station single family homes have updates in September, with only one active single family home currently on the market. Two homes are under contract, 8 Timberwood Court, listed for $569,850, which went under contract recently and is due to settle next week, and 1210 Maple Leaf Ct, listed for $525,000, which went under [...]
At the end of 2009, HUD changed its' condo approval process for FHA condo financing. No longer can a community be given a "spot" approval when a unit goes under contract if a buyer desires to use FHA financing. Condominium developments must be approved in advance of an FHA sale and the approval is only [...]
The Home Valuation Code of Conduct (HVCC) will be eliminated, thanks to a bill signed into law by President Obama. HVCC was enacted in 2009, and has been a big issue in the appraisal battle many home sales have been experiencing. In June last year, Tasha Linton and I wrote about how HVCC Could Negatively [...]
6 Timberwood Ct in Hunt Valley Station is a four bedroom Faust built home located on a court with a level yard. *UPDATED JUNE 24, 2010, SETTLED.* The hardwood floors and ceramic tile are in fantastic condition, as is the carpet on the second floor and lower level. The kitchen has granite counters, and a [...]
Yesterday I was able to view 5 Ringleaf Ct in Hunt Valley Station -- a very well maintained home on a quiet court on the market for $572,900. *Update June 17, 2010, 5 Ringleaf Ct in Hunt Valley Station was withdrawn from the market.* The kitchen is nicely updated, and the hardwood floors in great [...]
The Hunt Valley Station community backs to the NCR Trail off Paper Mill Road. Located just minutes from the Hunt Valley Towne Center, there are many amenities to offer including dining, shopping, movies, and Wegmans Supermarket. Hunt Valley Station is also called Hunters Run. Public records state the community to be Hunters Run, while the [...]