home valuation

A Black couple settles lawsuit over a home valuation that rose when a white friend posed as the owner

The home valuation increased substantially when a white friend posed as the homeowner. The suit was settled for an undisclosed amount.

FHFA to allow desktop appraisals permanently

The Federal Housing Finance Agency has opted to make desktop appraisals permanent, having first introduced them as a temporary measure in March 2020. Desktop appraisals, as the name suggests, are an appraisal of a home’s value that’s done entirely at the appraiser’s desk. So there’s no traveling to the home, no inspection, no measuring. Rather, […]

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