The gulf between contract prices and appraised values highlights the risks to buyers in the current market, especially those stretching their budgets to win a bidding war.
The post Soaring Home Prices Are Roiling Appraisals and Upending Sales appeared first on Real Estate News & Insights | realtor.com®.
If you’re buying a home, and the sale falls through after the home appraisal, who pays the home appraisal fee, the buyer or the seller?
The post If a Sale Doesn’t Go Through, Who Pays the Appraisal Fee? appeared first on Real Estate News & Insights | realtor.com®.
A federal financial regulator has sought input on how to modify the appraisal process for loans backed by Fannie Mae and Freddie Mac.
The post Federal Regulators Want To Overhaul Home Appraisals—Here’s How That Could Hurt Both Buyers and Sellers appeared first on Real Estate News & Insights | realtor.com®.