Tuesday, June 16, 2009

Buyer & Seller, Beware: Appraisals in Disarray

Adding to the problems of buying or selling a condo these days is increasing disarray in the appraisal industry.

For insight, including some personal experiences with valuations coming in far below the contract price and home equity lines of credit being dramatically reduced, see recent posts of @properties agent Bob Darrow on "Your Windy City Guide," Bob's blog.

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