Is There A Housing Bubble Brewing? The fear of missing out (FOMO) drives people to irrational behavior to win. We saw it in the housing crash of 2007-2009. Cheap money? Get some before it’s gone. 100% mortgage, no money down, cash back at closing? The bank says it’s...
Appraisal Contingencies allow buyers to renegotiate price and other terms after acceptance and after the appraisal shows a value less than the purchase price. Such protection might be a good contingency in a buyer’s market from the buyer’s perspective....
