Monday, December 1, 2008

House values are under scrutiny

If you are looking to sell your home or to buy a new one, you might be surprised at the increasing scrutiny that lenders are putting on home values. An article in the San Francisco Gate says that many banks are often demanding more thorough appraisals to be sure that their investment in your home (the money lent for a mortgage) is a safe investment.

Read the rest of this article on sfgate.com.

For more information on the Boston real estate market, go to Gibson Sotheby's International Realty, Boston's real estate experts.

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