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New government rule radically changes appraisals

New government rule radically changes appraisals

by | Jun 26, 2023 | Atlanta Hard Money, Atlanta Private Lending, Atlanta real estate trends, Bank failures, Colorado Hard Money, Colorado private lender, Denver Hard Money, Denver private Lending, Georgia hard money, hard money loans, Housing Price Trends / Information, Private Lending, Real estate Valuation, residential lending valuation

Big changes are ahead for automated appraisals.  The government feels that automated models show bias in valuation so they have proposed a new rule that will radically alter appraisals.  Unfortunately, the new rules will have some large unintended consequences for...