Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - House Appraisal before mortgage gets insured

ken0042 · 06-19-2006, 04:20 PM

Right. I get all of that.

I just don't see how it is more of a risk "now that the market is getting frothy."

I understand it can always be a risk, and yes I do expect a correction at some point in the future. But everything points to it leveling off gradually as supply catches up with demand.

I just want to know why it's more risky for the lender today than it was a few years ago.

06-19-2006, 04:20 PM	#19
ken0042 Playboy Mansion Poolboy Join Date: Apr 2004 Location: Close enough to make a beer run during a TV timeout Exp:	Right. I get all of that. I just don't see how it is more of a risk "now that the market is getting frothy." I understand it can always be a risk, and yes I do expect a correction at some point in the future. But everything points to it leveling off gradually as supply catches up with demand. I just want to know why it's more risky for the lender today than it was a few years ago.