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Appraising the new appraisal problem Premium Content

By Kris Berg, Wednesday, June 3, 2009.
Flickr photo by <a href="http://www.flickr.com/photos/thetruthabout/2763078149/" target=blank>TheTruthAbout</a>.

The Home Valuation Code of Conduct, according to Freddie Mac, is all about "enhancing the independence and integrity of the appraisal process." Good ideas, those. Go, Freddie!  more...

Builder saved by bell in defects suit

By Tara-Nicholle Nelson, Wednesday, June 3, 2009.

In the case Gundogdu, et al. v. King Mai Inc., the homebuilder (King Mai) filed a notice of completion for a home and continued to own it for nearly a year and a half thereafter before selling it to the buyers (the Gundogdus). After about nine years of owning the property and finding numerous defects in its construction, the buyers sued King Mai.

King Mai said the Gundogdus were barred from bringing suit by the 10-year statute of limitations on construction-defect litigation set forth in California Code of Civil Procedure section 337.15.

The Gundogdus, however, argued that the 10-year statute of limitations didn't begin running at the time the notice of completion was filed ...   more...

Refinish oak table like a pro

By Bill and Kevin Burnett, Wednesday, June 3, 2009.

Q: We picked up a nice old oak table at an estate sale recently. Could you point us in a direction where we could find information on possibly sanding and/or varnishing the top or should this be left to professionals?

A: Unless you think you've got a candidate for the "Antiques Road Show," this is a perfect job for the do-it-yourselfer. If it is an antique, we suggest you leave it alone until you can find out what you've got.  more...

 
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