Monday, September 28, 2009jump to the original story in - NYTimes.com:
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