New Appraisal Rules Frustrating Homebuyers

Published: December 15, 2010

Read the full article here… Have Down Payment but Stuck In Appraisal Hell.
…Four months later, the Stiners and their buyer both gave up. Together, they were out $1,600 for seven appraisals. “As a result, we are now renting our home out, and renting the home we wanted to buy,” says Beth. “We were frustrated and we weren’t going to keep doling out cash for new appraisals. It felt like a game.”…

Last modified: December 15, 2010 at 9:09 am | Originally published: December 15, 2010 at 9:09 am
Printed: September 25, 2020