New report: Bad appraisals hurt economy and housing market
Could the appraisal on your house be wrong? And if so, could that be hurting the local economy? A new study from the National Association of Home Builders says yes. One expert we spoke with says there are houses in East Texas that are being appraised for less than they're actually worth. He says it's happening because of what he calls a flawed system that sends appraisers into East Texas from another area.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063