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Loan Modification

: Loan Modification & Home Loan News

Foreclosures Affecting Home Appraisals

By Moe Bedard

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The National Association of Realtors says nearly 25 percent of its members have reported clients losing a sale due to botched appraisals. The National Association of Home Builders, meanwhile, said low appraisals were sinking a quarter of all new home sales. Roughly 40 percent of all home sales this year have been foreclosures or short sales, [...]

Full post as published by Loan Modification & Home Loan News on January 11, 2010 (boomark / email).

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