Monday, July 6, 2009

It's Worth What?!?

If you're buying, selling, or refinancing a home right now, your biggest problem may be one you've never even considered. Admittedly, appraisers were playing a little fast and loose over the past few years. We've all heard the stories. But now a disturbing emerging trend may prove to be a major over-correction. Check out this article from Sunday's Chron. While it's reasonable to ask for stricter controls in the appraisal process, common sense tell us that having someone from Modesto determine the value of your house in Larkspur just doesn't add up.

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