By Todd Clark (Broker/Sales Coach) 503-524-9494
I’m about one week from
closing
on a home that is in
foreclosure and the loan that is in foreclosure is a VA loan.
The bank that is
foreclosing is about 2 months away from foreclosing on this property,
yet I
still got a call today from a VA appraiser wondering if there was a
lockbox on
the property so they could do an appraisal on the property.
I had to ask, why are we spending
tax payer money ordering
an appraisal on a property that was less than a week away from closing?
I could
understand if it had passed the date it was supposed to close and they
thought
that they may have to foreclose, but that isn’t the situation here.
So, my question is, how
do you stop the banks from doing stupid things like
spending our money on things that aren’t needed, like a
tax payer paid
appraisal on a VA loan that won’t matter in a week and probably won’t
even be
back to the bank before we close?
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Todd Clark - Broker / Sales Coach
All Brokers Real Estate
Phone: (503)524-9494
Fax: (503)622-8739






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©2010 Todd Clark - Originally posted at Don’t spend my money when you don’t have too!

