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Loan Modification

: Mortgage Lender Implode-o-Meter

builders want guidelines for appraising distressed properties

By Implode-Explode Heavy Industries

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"The group argues that many appraisals aren?t taking into account differences in condition between well maintained homes and those that are distressed; one reason being appraisers often aren?t able to enter the foreclosed homes to examine their interiors, which could be badly damaged."

Full post as published by Mortgage Lender Implode-o-Meter on June 24, 2009 (boomark / email).

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