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Will the Costs of New Appraisal and Mortgage Documents Cost the Buyer More Money??

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veracious
Established Contributor

Will the Costs of New Appraisal and Mortgage Documents Cost the Buyer More Money??

Will the new regulations enacted on 9/1/2011 cost the buyer of a property more, or is the costs of implementation of

these new requirements cost all consumers more money in general, when buying a home?

 

Will the appraisers provide the buyer with this new form with an explanation of the codes or provide another type of document?

 

The documents I referenced are the new UAD & UMPD

 

Thanks for any replies

 

eta: sp & clarity

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