We’re all familiar with the term “fixer-upper.” For many different reasons, properties can come on the market in less-than-par condition. The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer…
For your reading pleasure this week, we’ve gathered appraisal news from around the web. Now that Fannie Mae and Freddie Mac are on board, are AVMs finally set to replace traditional appraisals? The May 1 anniversary of HVCC has passed; how are appraisers in…
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