Posted by ToniK on 10/30/12 2:54pm
Msg #441307

The calls are rolling in for signings today

amazing. not even 24 hours after the storm.

Reply by MW/VA on 10/30/12 3:04pm
Msg #441310

Very odd one. I had one tc cancel for tomorrow, saying

the lender needs a new appraisal now because the property was in the hurricane area. That's a first!

Reply by jba/fl on 10/30/12 4:06pm
Msg #441320

We hear that all the time after storms. n/m

Reply by MikeC/TX on 10/30/12 6:45pm
Msg #441348

Re: Very odd one. I had one tc cancel for tomorrow, saying

"the lender needs a new appraisal now because the property was in the hurricane area."

They probably want to make sure the house is still standing...

Reply by MW/VA on 10/30/12 9:22pm
Msg #441394

Yes, I understand that. Sandy wasn't even a Hurricane by

the time she arrived. I instantly thought of the situations in Florida, and remember seeing a form in some of the loan pkgs., stating the property hadn't been damaged in some prior Huricane. It's the lender's call, of course, but I think a drive-by inspection would have been enough.