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newsreal

« previous: Mortgages - New Lending Rules Coming Soon | next: Homes: Sell at a loss, buy at a discount


Monday, September 28, 2009

jump to the original story in - NYTimes.com:

» New York Appraisals Get Shortchanged

Many appraisals are now being performed by out-of-towners. As a result, local brokers and appraisers say, figures are coming in way too low. Low appraisals may reflect reality; But agents, mortgage brokers and even some appraisers say they suspect that some appraisals are mistakenly low.


New York Appraisals Get Shortchanged