Real Estate Appraisal

Real Estate Appraisal – Appraisal rules can complicate selling a house – Detroit Free Press

Appraisal rules can complicate selling a house – Detroit Free Press
New guidelines for home appraisals are causing a stir, particularly in southeast Michigan. Under federal rules passed May 1, mortgage brokers can no longer hire their own appraisers; outside management companies must do the job. Critics say the

Why shouldn’t appraisals include foreclosures and short sales? – Walletpop.com
The National Association of Realtors and other housing industry types are none too pleased with the effect that real estate appraisers are having on the market. The NAR reports that 17% of its members have lost a sale due to a low appraisal and 20

New Appraisal Code Raises a Row – Wall Street Journal
New rules aimed at making home appraisals more accurate are raising costs and prompting longer waits to get to the closing table, some in the mortgage industry say. Eric Palma The new rules — known as the Home Valuation Code of Conduct and in effect