Homes Appraiser

Attempting to buy a relative’s home ~ but the home & property (5acres) was appraised for $30,000. less than the asking price.
Relative was upset, because the house was appraised 5yrs ago at $10,000. OVER the current appraisal value ~ and that number was for the house alone, didn’t include the value of the land it [...]

I am buying a house and my mortgage broker told me that he ordered an appraisal on the property before i got my inspection(that turned out to show water damage).Is this right?It just seems to me the you would want to find out if the property is ok before ordering an appraisal.Oh and yes i [...]

I HAD MY HOUSE APPRAISED AND WAS LET DOWN DUE REPOS WERE USED 4 OF 6 COMPS AS IF THEY WERE SOUGHT, RECENT SALES OF HOMES SHOWS 80% OF VALUE IGNORED,JUST IRRATATED NOT LOSING MY HOME!OR BEHIND

Bought my home in 2007 with 20 % down. Never wanted to have to pay PMI. With current home values I may only have 10% equity now. Can the lender require PMI under these circumstances?

I “settled” with several credit companies for over $40,000 in debt. The IRS considers the settlement amount as earned income unless the tax payer was “insolvent” at the time of the settlement. My home has minimal equity but I don’t know how to determine the value the IRS will use in calculating my debt [...]