I’m honored to have been quoted in the Seattle Time‘s yesterday in Katherine Khashimova Long’s article “Autumn of heartbreak for home shoppers as Seattle-area prices hit new record highs”. My quote wound up being a tid-bit in the article and I thought it would be interesting to share some of the points that we discussed during the interview. [Read more…]
Appraisal Waivers on Conforming Mortgages (Value Acceptance & ACE)
September 25, 2020 by 1 Comment
One of the more pleasant surprises in a mortgage transaction is when the automated underwriting system comes back and tells you an appraisal isn’t required. It saves time, saves money, and removes one of the more unpredictable variables from the process.
Here’s what appraisal waivers are, what they’re called now, and what you need to know about how they work on conventional conforming loans in Washington state. [Read more…]
