Friday, November 04, 2005

Rules are Tightening on Appraisals

Fannie Mae has changed the standard appraisal form to discourage inflated valuations. As of November 1st, appraisers will have to provide their sources for comparable sales data and disclose how many times a home has been sold in the last couple years.

Lorraine
VenturaRealEstate24-7.com