Financing

New Appraisal Rules Frustrating Home Buyers

December 15, 2010

Recently imposed rules and regulations dictating how lenders choose appraisers are frustrating potential home buyers. It is hard enough to qualify for a loan these days but now prospective home buyers are faced with the daunting task of getting a satisfactory appraisal. Under the new rules, lenders are no longer able to hand-pick the appraisers. […]

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