Negative Effect of Out-of-Town Appraisers
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Just a real quick post for you this morning. It’s a video from the MSNBC website. Of course, the latest home sales numbers are a big focus, but you’ll want to keep your ears open for later in the video where the negative effect of the Home Valuation Code of Conduct is mentioned. With the new middle man and out-of-town appraiser having to be involved in sales, it’s causing many cancellations because their appraisals “are coming in at well below the sale value [of homes].” Well worth your while information.
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Labels: appraisals, calaveras county, home sales, mother lode, real estate, real estate lake tulloch, sonora, sonora real estate, twain harte, twain harte real estate, video
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