Federal agencies are trying to push the concept of automated home appraisals, but appraisers worry that the plan could lead to “wildly inaccurate” valuations of some homes. The idea is to reduce the number of homes that require an in-person appraisal by a human, in order to speed up closing times and save money for
Risk of “wildly inaccurate” home estimates if automation replaces human appraisers
November 28, 2018 by
