Fighting lowball appraisals
Record-low interest rates are a boon for home buyers and for homeowners seeking to refinance. But low appraisals are making it difficult or even impossible for some borrowers to take advantage.
Additionally, accurate valuations can be difficult to come by when sales are thin and prices are just beginning to edge upward after prolonged declines. Many borrowers are “in a holding pattern for extended periods” because it’s difficult to find comparable
Despite these issues, there are ways consumers can improve their odds of getting a deal done:
Blog Archive2018-11-13 08:33:28
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