Remove Inspection Remove Legal Remove Local Properties Remove Training
article thumbnail

FHFA’s RFI on appraisals is a critical inflection point

Housing Wire

One significant factor behind the lack of evolution in the appraisal industry is that the American housing market has grown at a much higher rate than the pool of licensed professionals that are legally certified to appraise residential real estate. In these scenarios, no inspection or appraisal of any kind is performed on the property.

Appraisal 320