Please note that as of April 1, 2009 our prices have changed. The increase is due to the additional time needed to analyze data for the new 1004MC form, which is required on all Fannie Mae, Freddie Mac and FHA appraisals. View the new appraisal fees and contact me at 651-342-3030 if you need further clarification.
Jonathan Miller talks about how real estate appraisers are impacting the flow of housing sales. He covers these main points:
- Sellers are generally a year behind the market
- The ranks of good appraisers were decimated by the mortgage boom
- Appraisers have long been the “punching bag” of blown deals
- Lack of data is a huge issue
Connie De Groot, who was the Beverly Hills real estate agent who is a regular on Fox Business News recommended that buyers get an appraisal when pricing their property for sale - or as Cavuto suggested, a “Swiss Appraiser.”