More and more builders are crying foul as appraisers are continuing to use distressed and foreclosed properties as comps. This has resulted in lost sales and stalled many projects. An additional concern is the impact of the recently implemented Fannie Mae and Freddie Mac Home Valuation Code of Conduct. This has resulted in increased use [...]
Flawed Appraisals Hampering the Housing Recovery
July 20th, 2009 · No Comments
Tags: Industry News

