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Loan Modification

: The Truth About Mortgage.com

Builders Want Guidelines for Appraising Distressed Properties

By scot184

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Home values are being pushed lower thanks to an increased number of previously foreclosed and distressed comparable sales showing up on appraisals, according to the National Association of Home Builders. The group argues that many appraisals aren?t taking into account differences in condition between well maintained homes and those that are distressed; one reason being appraisers [...]

Full post as published by The Truth About Mortgage.com on June 23, 2009 (boomark / email).

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