Appraisal standards have changed quite a bit over the years. If you've received a low appraisal, you understand the negative effect it has on your transaction. Listed are reasons why you may run into this issue....
The dreaded "Low Appraisal" is being heard in Real Estate offices all around the South of the River Suburbs. Those two small words have a powerful, negative impact on the sale of your home. Recently, I represented a client in a transaction with a low...
Great news for South of the River Homeowners, it may be possible to lower your interest rate, even if your mortgage is underwater! This is a huge change in policy and procedure. Previously under the HARP guidelines, the amount of mortgage you could refinance was capped...
If you have experienced a 'Low Appraisal' you are well aware of the negative affect it presents for your transaction. Appraisal standards and practices have changed in response to the falling Housing Market. Follow this link to read the new guidelines regarding appraisal standards which...
