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HUD, FHA urge home inspections

Sep 01, 2015
Beginning September 14, the U.S. Department of Housing and Urban Development is implementing a mandate that instructs lenders to inform borrowers when they first meet to get a home inspection prior to purchasing a home. The mandate will be added to the HUD/Federal Housing Administration Single Family Policy Handbook and will include a document called, “For Your Protection, Get a Home Inspection.”
 
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NYS housing market sets October sales record

There were 12,178 closed home sales across New York State during October, setting a new record high for the month. The previous October sales record was 11,926 in October 2015. The statewide median sales price grew by 9.1 percent in October compared to October 2016. Click here to read more.

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