My concern is with the power placed in the hands of the appraiser as of late. I'm hearing of a lot of deals that are going sour because of ridiculous requirements for unnecessary repairs and such. I've experienced this personally on one of my investment properties recently in a simple refinance.
We also purchased a home recently as our primary residence. Buying a home is no walk in the park compared to before the fallout either. It's not the individual appraiser's fault, but it is what it is. It is definitely hurting home sales.
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