Category: appraisal

New appraisal and origination requirement changes announced due to COVID-19

Special measures have been taken to help account for challenges facing the real estate market due to COVID-19. Here are the temporary flexibilities in place to facility the continuation of transactions for buyers.

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Appraisal Shortage Causing Delays In Home Sales

CNBC published an article on their Real Estate blog entitled, “‘Massive’ shortage of appraisers causing home sales delays” Below are a few quotes that summarize the story quickly, in case you don’t have the time or patience to read the article yourself. “The appraisal shortage is massive. You’re seeing significant delays, you’re seeing cost increases, …

The post Appraisal Shortage Causing Delays In Home Sales appeared first on Benchmark.

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