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7 Easy Steps to Reduce Appraisal Revision Requests

Clear Capital

In addition, the time it takes to obtain an appraisal report can significantly impact borrowers. Buying or refinancing a house is stressful for home buyers, and “being able to rely on a timely valuation can make a big difference,” says Heather Khan, Senior Analyst of Quality Assurance at Clear Capital.

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6 Ways to Prevent Conventional Loan Appraisal Revisions

Clear Capital

By bracketing the salient features of the house in the appraisal report, appraisers sometimes overlook the proximity and location factors. They lose sight of this important appraisal comp selection and often do not include them in the report, which warrants a revision request from the lenders and customers.