Hot news from AZ Home Help:
Posted To: Pipeline Press
Wildfires in the west have already burned more than 7 million acres . (To put things in context, the entire state of California has about 101 million total acres.) Lenders and investors everywhere are attuned to the usual disaster policies with lists of hard-hit counties being distributed along with notes like, "If the property is located in one of the counties listed...with a completed appraisal dated prior to August 21, a 1004D re-inspection completed by the Appraiser is required to certify that 'the property is free from fire damage'. For appraisals in these counties dated on or after August 21, the Appraiser must comment on the condition of the property and any effects to the marketability and confirm that 'the property is free from fire damage' detailed in the body of the appraisal. If...(
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Source:
http://www.mortgagenewsdaily.com/channels/pipelinepress/08262015-housing.aspx- For more real estate news visit our website at http://www.AzHomeHelp.com
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