Can the AMC Appraisal Process scale up with the market?

The AMC AKA “Appraisal Management Company” serves as the buffer between Mortgage Loan originators and Appraisers . . . a requirement that came into effect as a by-product of the fall-out from the Economic slide. Many “experts”had entertained themselves with a very high profile blame game during which much of the blame for the economic […]

Dropped ball recovery . . . Saving face when you’re the one who dropped the ball

Like it or not, we ALL drop a ball once in a while. Whether it be that we allow busyness to distract us from business . . . or have a brain fart and simply FORGET to follow through . . . or one of our team members blows a gasket and fumbles his part […]

The Relevance of the Closing Date

Here in Tennessee, Line 142 of the standard Purchase and sale Agreement reads: “A. Closing Date: This agreement shall be closed (Evidenced by delivery of warranty deed and payment of purchase price), and this agreement shall expire, at 11:59 P.M. local time on the ___ day of  ____________, _____ (“Closing Date”), or on such earlier date […]