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November 26, 2009
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Response To: A Balanced Rebuttal (appraiser - 02/27/2001 11:13 PM)
Main Topic:

FHA Buyers Get New Home After Finding 181 Code Violations


Bottom Line: It Doesn't Work
Posted By: OurBroker - 02/28/2001 04:37 AM

Hi --

Thanks for your note.

The bottom line is that with all the protections allegedly in place, buyers were able to purchase a home with 181 building code violations. And other buyers, as you can see from the letters which were posted, also did not get a whole lot of homebuyer protection.

The ads are bad, but the concept is worse. Let's let appraisers appraise and home inspectors inspect.

All the best.

Peter



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