Tag Archive | "HVCC"

Appraisals Are Still Killing Home Sales

Wednesday, May 25, 2011

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One out of ten Realtors (11 percent) report that low appraisals are killing home sales contracts and an addition 10 percent say they are delaying closings, according to an April NAR practitioners survey of Realtors.  Some 14 percent report that appraisals coming in under the purchase price are sending purchase deals back to the negotiating table.

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New Financial Reform Legislation Transforms Appraisals

Saturday, July 24, 2010

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The financial regulatory reform bill signed into law the week could result in more accurate home valuations, higher appraisal costs, faster closings, more completed transactions and maybe even higher prices, according to critics of a controversial quasi-governmental regulation that the legislation eliminated.    

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