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Drop in the number of US home appraisers is delaying closings, raising costs

Drop in the number of US home appraisers is delaying closings, raising costs
October 26, 2016 09:45AMBy Kenneth Harney

From the October issue: There’s trouble brewing in appraiserville — and it’s beginning to cost some unsuspecting homebuyers money. Those hoping to close in the coming months should be aware.
The problem is part work overload, part resentment over fees. In many markets, diminishing numbers of experienced appraisers are available — or willing — to handle requests for their work on tight timetables and at lower fees than they used to earn. [more]


Source: The Real Deal

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