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Nesgroup address: misc.consumers.house - Date & Time for the message: Tue, 05 Apr 2005 20:15:56 GMT
/ Author of the message: vze8f3tq@verizon.net (v) |
Title of the message: |
Re: Bank Bait & Switch?
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Text of the message: |
On 5 Apr 2005 05:40:21 -0700, someone wrote: >....Well, now, 10 days >before settlement, the bank says that Freddie Mac "doesn't like" the >appraisal because the comparison properties are too far away! > OK. Do you ACTUALLY have any proof that this is a LIE??? > The >nearest multi-family that sold is 3.5 miles away... > Usually underwriters like the comps to be within a mile. If none are available the appraiser needs to justify this to the bank (I used to be a Certified General Appriaser). The bank is worried that the appraisal might be bogus and ignoring unfavorable comps that are closer. >... It appears >that the bank is unhappy with the rate they promised and are trying to >kill the deal. > HUH? How did you get from their to here? How many shots were fired from the grassy knoll? What is the CIA and the Trilateral Commission hiding at Area 51? WHY do YOU think it "appears" that way? WHY is the stated reason a LIE? |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.