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Help impose moratorium: Stop Mandatory Use, Appraisal Management Companies

August 28th, 2009 9:10 pm
Categorized in: Real Estate Information
Appraisals that used to cost $250-$350 are now costing $375-$550 per assignment, meanwhile the appraiser is taking a pay cut to work for an AMC that the government has so kindly instructed the Fannie Mae and Freddie Mac lender to use.

The Appraisal Mess

August 21st, 2009 3:00 pm
Categorized in: Business of Real Estate
The new Fannie Mae/Freddie Mac appraisal rules are affecting us here in Virginia. If you're buying or selling you should know what problems you're likely to encounter.

Picking the Appraiser

August 4th, 2009 6:26 pm
Buyers or lenders have the right to choose the qualifications of the appraiser so you could reduce the chance the home will not appraise for an amount equal to or great than the sale price.