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Plan to Reduce Human Appraisals May Lead to ‘Wildly Inaccurate’ Estimates

by David Bloxham | Nov 28, 2018 | Uncategorized

Original Article published November 26, 2018 Federal agencies have proposed a plan to reduce the number of homes that require an in-person appraisal, hoping to speed up the closing process and save money for home buyers and borrowers looking to refinance. Under the...

Push to cut back on home appraisals sparks controversy

by David Bloxham | Nov 28, 2018 | Uncategorized

Original Article By Kenneth R. Harney The Nation’s Housing NOVEMBER 26, 2018, 11:10 AM Trump administration wants to eliminate professional appraisals on a large number of home-sale transactions — a move that critics say could push the country back toward the...

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