New FHA appraisal guidelines

There are many ground rent houses in Baltimore. What does this mean? Guest blogger, T Jeremy Loomis, Sales Manager for Wells Fargo Home Mortgage, explains more about Baltimore ground rent homes: What is ground rent (also known as a leasehold estate) and why would I have it? Ground rent is when a fee is paid [...]

Beginning June 13, 2010, the FHA appraisal guidelines for leasehold properties (also known as houses with ground rent) will be changing. Guest blogger, T Jeremy Loomis, Sales Manager for Wells Fargo Home Mortgage, explains what this means for Baltimore ground rent homeowners: Confused on the recent news about new FHA ground rent appraisal requirements? Simply [...]