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Like it or not, desktop appraisals are here to stay

Housing Wire

FEBRUARY 8, 2022

“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.

Appraisal 370
Appraisal Appraisal Process Valuation Renovations 370
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BREAKING The New York State AMC Law Is Now In Effect

Miller Samuel

APRIL 27, 2019

It sent shockwaves through the AMC-types because, in my view, it effectively destroyed their ability to hide how much they are gouging the consumer and how little the appraiser gets from the actual "appraisal fee" (typically less than half). This is why we need consumer protection in the mortgage business.

Law 367
Law Modernization Appraisal Real Estate 367
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