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Last updated 4:24AM ET
February 10, 2010
WYSO Local News
WYSO Local News
My House: Facing the Mortgage Crises, and Appraisers
(2009-07-27)
(WYSO) - When a house is for sale, an evaluation is done to determine its value before a loan is made. Appraisers are trained to make judgments about the value of properties with "boot-on-the-ground" inspections. In the past, a few appraisers were influenced by over zealous brokers and lenders. Now there are new guidelines in place. But are they protecting the consumer or making money for the lender? Independent producer Aileen LeBlanc reports for WYSO.
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