At the national level GSEs and government policy distort the price of money used to purchase housing.  

John - I used to be an appraiser and I believe that if you are appraising this property for a Federally insured institution or one regulated by a  Federal agency, you cannot value the property based on illegal activity since the appraisal needs to conform to federal standards.

There is a mix of some out of town hot shots with bags of money representing institutional investors.

So some institutions hold the transfer until they are sure there is no NSF issue.Also, if you did get the check on the 3rd, can you get it on your bank account faster than two days?

@Carol Venolia  I know my point is this is a national or international forum and I don't think many people other than those directly affected understood the magnitude of loss and destruction to a community... it wiped out  whole towns..

In addition to the location.So there are two essential parts: Location and Quality of the building and amenitiesQuality of the building and amenitiesWhen it comes to the Quality of the building and amenitieshere is how I would approach it.A Class, also referred to an institutional product (meaning that a REIT, a Pension Fund etc. would buy this property)If you have a new apartment complex (less than 4 years old), with high end finishes in the units (Bluetooth speakers in the showers anyone?)

I am by far no expert on legal issues, especially involving discrimination cases; I feel any discrimination against any so-called "classes" of people should be unconstitutional and violates fundamental principles that formed our nation from the get-go.

He had a bunch of callable commercial loans that were called during the savings and loan crisis when his loans were bought by another institution following the '86 tax rule changes.  

Not many lending institutions consider bitcoin a reliable currency or asset, so this my just be their attempt at "playing dumb"Adam

Much of the large Class A industrial product (100k SF +) is owned by institutional investors.