Home purchases can be complicated by an appraisal below the buyer’s contract price offer. For the sale to go through, the buyer typically must renegotiate the purchase price, put more cash down, or ...

Appraisers are getting more responsibilities. As of Feb. 4, appraisers will be required to submit a report that the market analysis they produced supports both the indicated overall market trend and ...

A Federal Housing Finance Agency (FHFA) analysis has shown racial disparities in appraisers’ use of time adjustments, potentially harming borrowers of minority groups. An appraiser can adjust for ...