Tag Archive: appraisal

Area REALTOR® Plays Watchful Role in Appraisals

It may be a fundamental element in nearly two-thirds of every residential real estate transaction, yet when you think about buying or selling a local home, it’s not likely to be your major focus. Important though it may be, for most people, the appraisal process seems like a mere formality.
After all, haven’t the seller and …

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Home Bulk Sales Will Destroy the Market

Home Owners, Prospective Buyers, Rental Owners, and Real Estate Agents/Brokers please read this article!
Its absolutely critical to understand some new developments being enacted by our government right now and how it will effect the real estate market.
There is critical regulations taking effect regarding allowing large bulk sales of properties to major equity fund groups that …

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GAO Study Finds Appraisal Process Inadequately Monitored

Zeroing in on yet another deficiency of a faulty appraisal process that is hurting home values, hampering a housing recovery and often killing sales of homes coming in below the contract sales price, the Government Accountability Office (GAO) earlier this month reported that the Appraisal Subcommittee, which oversees the appraiser regulatory programs established by the …

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