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New Homebuyer’s Guide To Appraisals

Birmingham Appraisal

The AMC scenario was put into place several years ago to reduce direct contact between the loan officer and the appraiser, however as I said it can be a slower process. There is always the possibility that the appraisal value is less than the contract price. in addition to taking pictures.

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The Housing Market Has Become Like the Pymatuning Spillway

Cleveland Appraisal Blog

When an appraiser’s opinion of value is below the contract price, that’s when the carping begins. The number of professional reconsiderations of value coming in are increasing. I had new construction sales that were very comparable. It is likely that the market data just doesn’t support the price.