Fighting Back Against Lowball Home Appraisals

Record-low interest rates are a boon for home buyers and for homeowners seeking to refinance. But low appraisals are making it difficult or even impossible for some borrowers to take advantage.  About one-third of real-estate agents reported that low appraisals had resulted in the cancellation, delay or renegotiation of a purchase.  There are, however, steps you can take to improve your odds of getting a deal done.

Wall Street Journal  June 3, 2012

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