NAR's Statement on Appraiser Independence

The National Association of Realtors has released a statement in support of appraisers:

NAR 2010 President Ron Phipps said “asking for up to 10 comps, reducing turnaround times, and expanding the scope of the assignment without appropriately adjusting the fee is adding unnecessary risk to an already fragile mortgage market system. We must maintain an environment where our independent appraisers are treated fairly as they are the lynchpin of the mortgage transaction.”

You can read the rest here:

1 thought on “NAR's Statement on Appraiser Independence

  1. Pingback: What You Must Know About Home Appraisals | The Charleston Coast

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