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The appraisal gap is complicating deals across the country

Housing Wire

It had a large, fenced-in yard, modern appliances in an updated kitchen, a “man cave” for her husband, beamed ceilings, a massive master suite and was located in a good school district. Unfortunately, the appraisal put the house’s value roughly $50,000 below than what she paid. Sellers are surely getting greedy.”.

Appraisal 539
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Why Appraisal Workfiles Are Important

Appraisal Today

Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. The interior’s mechanicals have all been updated, but the sellers intentionally chose to leave much of the interior details alone to preserve its history. Connolly and Mott and for loanDepot.com filed a settlement with the court.