What Is Appraisal Creep When It Comes To Real Estate?
AmeriMac
DECEMBER 15, 2021
That’s why appraisal creep is such an issue for everyone – by artificially inflating the fair market value of a home, people end up spending more money than they should on a house that isn’t worth nearly as much as they think it is. Each house had at least two appraisals done roughly six months apart.
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