The Cash Flow Event Of 2020

Some lenders are turning to drones or a computer algorithm to appraise properties, and the practice may grow more common under a new federal proposal. Regulators want to allow the majority of U.S. homes valued under $400,000 to be exempt from current requirements for human-conducted appraisals.

More than two-thirds of homes nationwide sell for $400,000 or less.

READ MORE:  https://magazine.realtor/daily-news/2019/08/26/federal-regulators-propose-expanding-digital-appraisals

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