Tougher and tougher
You can still buy a home today. There, with that out of the way, I can vent a little.
I am getting more and more frustrated with lenders tightening the purse strings, especially for the "good" buyers and homes that are priced well.
The lenders are constantly changing the rules, adding little hoops and hurdles for the buyer. The appraisers are being even more conservative with their appraisals.
I have no problem with being responsible, but everyone of us in this business, whether you are a Realtor, mortgage person, appraiser, underwriter or whatever your role, WE ARE WORKING FOR THE CUSTOMER AND OWE THEM HONES AND FAIR DEALING.
Mr. Appraiser, my buyer is paying you for a service...don't look at the purchase agreement and give us an appraisal that equals our purchase price; give them a fair market value for the property they are purchasing.