Sentences with phrase «inflated appraisal values»

Which might translate: Disentangling inflated appraisal values from the housing market without reducing profits is a tough chaw.

The buyer claimed that the Department of Veterans Affairs, a lender, and an appraiser conspired to inflate the appraisal value of the house he purchased.

Not exact matches

Problems crop up when the appraisals for the land are inflated while there are few guidelines for appropriate values, Looney said.

The Kelleys say AmSouth Bank, which later merged with Regions, relied on an inflated appraisal of their home and knowingly assumed the risk that property values would fall, leaving the Kelleys» mortgage worth more than their home.

Combing through the mortgages, the firms searched for problems like borrowers who had vastly overstated their incomes or appraisals that inflated property values.

You will never have to worry about inflated or deflated appraisals, as we are here to help you get the highest value for your property.

Remember the mortgage brokers, lenders and banks were ordering appraisals from their buddies who would come back with appraisals of inflated values?

once that inflated market value loan is closed, do the appraisals moving forward on traditional sales and non Fannie Mae short sales reflect those inflated values?

No meaningful oversite was given to the appraisal process, and home values were artificially inflated by increased demand from newly qualifed first time home buyers, second home and vacation home buyers, and investors.

We live in an artificially inflated world of property values based upon cheap money and cheap appraisals.

For more on appraisal fraud, read our prior posts on the topic, including, «Feds Awaken to Widespread Appraisal Fraud as FDIC Sues, Alleges Florida Appraiser LPS Appraisals Wrongfully Inflated Values.»