In a hot housing market, gap between purchase price and appraiser condition ratings causes headaches

In a hot housing market, gap between purchase price and appraiser condition ratings causes headaches

HousingWire

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Last week, HousingWire reported surging mortgage volume and record low interest rates are putting excess pressure on appraisal turn times. This week, appraisal experts said those same variables are having a profound effect on an age-old conflict of appraisal reports versus what the market believes the home is worth.

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