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Transparency needed in real estate appraisals


Marge Kilkelly
Fri, 02/26/2021 - 8:15am
For most working individuals, the home is the largest investment and most valuable asset you own. It consumes our time, money, energy and is the ‘base camp’ of family and friends. It can also be used as equity for education loans, repairs, retirement, or inheritance for children. The value of the property is of considerable importance. This is especially true today as interest rates are at an all-time low, and people lives have changed to include working and schooling from home.
The process to purchase, sell or refi a home is a complex web of often well-intentioned law, regulations, and guidance. However, no aspect of that process is more complex, hidden, and hard to fathom that the Real Estate Appraisal. Numerous real estate transactions- moving forward smoothly- are suddenly and mysteriously stopped by a low appraisal. Consumers often find themselves trying to figure out the rationale of the appraisal and meet bri ....

Alison Heplerd Woolwich , Members Of The Committee On Innovation , Real Estate , Alison Hepler , Real Estate Appraisal , Improve Transparency , Real Estate Appraisers , Economic Advancement , உறுப்பினர்கள் ஆஃப் தி குழு ஆன் கண்டுபிடிப்பு , ரியல் எஸ்டேட் , அலிசன் ஹெப்லர் , ரியல் எஸ்டேட் மதிப்பீடு , மேம்படுத்த வெளிப்படைத்தன்மை , ரியல் எஸ்டேட் மதிப்பீட்டாளர்கள் ,