My Home is Worth WHAT?
Home appraisers are coming under fire yet again, and they are each feeling the burn. There is a new code of conduct for appraisers, and they are being forced to drop their prices, which have led many to search for work outside of their usual areas. This is causing people to second-guess appraisals because it is not safe to assume that the out of town appraiser knows the surroundings. Many are claiming that inspections are being done carelessly and many are challenging the final appraisals. Appraisers are being asked to do a lot more, for a lot less, resulting in possible sloppy appraisals. No one wins in this situation, and there doesn’t seem to be a solution on the horizon.
Check out this article to learn more.