Nolan Kienitz Posted January 5, 2011 Report Posted January 5, 2011 Heard about this on the news this evening and my wife found the link at the Chicago Tribune. Homebuying in 2011 likely not good.
Les Posted January 5, 2011 Report Posted January 5, 2011 Nolan, same info in many major markets. Inspectors must read this stuff, try to discuss it with other inspectors and form an opinion. Unfortunately there is no practical way for inspectors to talk abt the market; it is a no-no on many forums because of the politics. I have found most inspectors really do not understand the relationship between "us" and "them". I find many of us try to be a hero by finding every flaw, code violation, liability item, etc just to limit our end liability or cover our behinds. I don't know everything about mortgages and or HUD, but do have an interest.
kurt Posted January 17, 2011 Report Posted January 17, 2011 Yes, not happy time anytime soon. I've been talking to my buddies the mortgage brokers, and they're all complaining about the onerous regulation screwing up the market. S'funny when someone screws something up for a decade, how they complain when they have to behave.
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