System regulating real-estate appraisers ‘completely broken’
As soaring home prices set the stage for America’s great housing meltdown, a critical step in making sure those home sales were a fair deal — the real estate appraisal — was undermined from within. After the nation’s last major banking disaster, Congress set up a system to catch rogue appraisers. Their game: inflating the value of homes at the direction of equally unscrupulous real estate agents and mortgage brokers, whose commissions are determined by the size of the deals. Full story…
More real estate news:
- Four tips to help you qualify for a mortgage
- Housing rescue package approved
- New home sales drop less than expected
- Stocks plunge as home sales drop
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A Realtor's Perspective
Law protects military members’ homes
A federal law approved in 2003 protects most servicemen and servicewomen from losing their house or apartment if they’re deployed in another country. Full story…
- FDIC guarantees deposits, not mortgages
- Second-home sales may raise tax bill
- Banks cut back on home-equity loans
- Unmarried co-buyers have special concerns
- More stories…
Lawrence more than just a home to KU
Many people may have heard of Lawrence because it's the home of the nationally ranked Kansas University men's basketball team. But to the people of Lawrence, it's much more. Full story…
KU adds youthful, cultural and national flavor to Lawrence
First take a history-rich midwestern city in the heart of the country. Then add the Kansas University ingredients. Full story…
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