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Like it or not, desktop appraisals are here to stay

Housing Wire

“If the Realtor says there are hardwood floors throughout, and the appraiser puts that in the appraisal report and it’s not the case, that’s a problem,” Dicks said. Some have also touted he cost benefits that desktop appraisals could bring. But appraisers, not lenders, assume the liability for producing a complete report.

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