Operation of the Veterans' Guaranty Program in the State of Colorado: Hearing Before the Subcommittee on Housing and Memorial Affairs of the Committee on Veterans' Affairs, House of Representatives, Ninety-ninth Congress, First Session, October 11, 1985U.S. Government Printing Office, 1986 - 71 էջ |
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acquired property inventory adjustable rate mortgages ALAN BUCHANAN ALAN SCHNEIDER American Builders amount appraisal attorney believe BOB EDGAR BOWLER BUCHANAN buyer CAIRNS Chairman Colorado and Wyoming creative financing deed defaults and foreclosures DON SUNDQUIST DOUGLAS APPLEGATE equity skimmer equity skimming eran ESPINOSA FHA loans foreclosure proceeding foreclosure sale GLADE Go ahead Home Loan Guaranty income JOHNSON Jones loan applications loan defaults Loan Guaranty Office loan origination loan volume LOVELL market value MEMORIAL AFFAIRS ment months Mortgage Bankers Mortgage Bankers Association Mortgage Company mortgage lender number mortgage payments mortgagors National Mortgage nationwide Okay percent prepared statement problems purchased Quit Claim Deed Real Estate Appraisal real estate company release of liability rent Richard sales price sell seller SHELBY Smiths sold sure Thank things tion told transaction types of creative typical VA's veter veteran homebuyers Veteran's Administration veterans service WILKINS
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Էջ 57 - Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby: {1 ) buyer and seller are typically motivated; (2) both parties are well informed or well advised, and...
Էջ 57 - The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller each acting prudently and knowledgeably, and assuming the price is not affected by undue stimulus.
Էջ 57 - ... what he considers his own best interest. 3. a reasonable time is allowed for exposure in the open market. 4. payment is made in cash or its equivalent. 5. financing, if any, is on terms generally available in the community at the specified date and typical for the property type in its locale. 6. the price represents a normal consideration for the property sold unaffected by special financing amounts and/or terms, services, fees, costs, or credits incurred in the transaction.
Էջ 20 - An appropriation to such an agency would also have the effect of giving it status. ORGANIZATION STRUCTURE Senator INOUYE. Thank you very much. I am certain all of you are aware that the Congress did not determine the organizational structure of this Office of Consumer Affairs. I, for one, and I believe I speak for the majority of the Members of the Senate would be extremely reluctant to dictate to the city as to what sort of agency should be established and who should man it and what the policies...
Էջ 10 - Officers and local community organizations. Mr. Chairman, this concludes my statement. I will be pleased to answer any questions you may have.
Էջ 25 - As a real estate appraiser, it is my job to arrive at an estimate of fair market value for a property. Included in this text below is the full definition of market value as defined in "Real Estate Appraisal Terminology,