Friday, January 9, 2015

Appraisal Time Bomb!?

After the appraisal is complete for a government backed secured loan there will be another check on the appraisal report. This check will expand the number of comparable sales and possibly negatively affect the appraised value. As your Realtor it is my job to keep you informed. Take a look at a full explanation here. As with all changes in real estate we will have to wait and see...

Appraisal Time Bomb

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