TBDAppraisal Institute
Policy
Homebuilders Get Caught In The Appraisal Gap Vortex
The lag time between market pricing, comparables, and fair appraisals -- already an issue prior to the pandemic -- puts more potential buyers at risk of failure as they try to qualify for loans in hot markets.
Appraisal Institute
Policy 08.02.21
Homebuilders Get Caught In The Appraisal Gap Vortex
The lag time between market pricing, comparables, and fair appraisals -- already an issue prior to the pandemic -- puts more potential buyers at risk of failure as they try to qualify for loans in hot markets.