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This blog is about buying, selling, and building safe & sound homes in the San Francisco Bay Area. Please make comments, ask questions, and suggest topics for making it a valuable source for everyone.
Boomerese Realty
Tag Archives: Finance
Accuracy of Web-Based Home-Value Estimates
You can just type the address of a house into certain web sites and get market value estimates for it. Before you rely on these estimates, you need to understand the method behind them and how accurate (or inaccurate) they can … Continue reading
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Tagged Affordability, appraisal, credit, Finance, Mortgage, Real Estate, Remodeling
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Energy costs to impact appraised home values and mortgage qualification standards
According to an L. A. Times article, a recently introduced bill will require Fannie Mae, Freddie Mac, and FHA to consider energy costs of homes when underwriting loans. It will also require home appraisals to account for the energy efficiency of … Continue reading
New Rules for Mortgage Brokers
I think you will feel better with the new rules about working through mortgage brokers. Read here for yourself about the new rules: http://www.nytimes.com/2011/02/20/realestate/20mort.html?_r=2&ref=realestate
Value of an Energy-Efficient House
It is obvious that an energy-efficient house is worth more than another one that is not energy-efficient. But, how much is the energy-efficiency worth? Let’s say we expect to pay $300 a month more on average to heat and/or cool … Continue reading
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