With multiple offers being the order of the day, buyers are overbidding to outgun their competitors. What happens if an appraisal comes back low? Here are a few important steps to take before writing an over-asking offer
Economist Steve Cook shares his Q4 insights
Learn before you buy
When contingencies are involved, expect the unexpected
Don't remove financing contingency if you have any doubts
What you should know about lender 'overlays,' debt ratios
How fees, Dodd-Frank bill, appraisals can impact your purchase
REThink Real Estate
Loan approvals taking a month
Lender approval dependent on 5 key factors