Why Didn’t That Home Appraise? Test your knowledge of today’s housing market, and answer the following question: What is the most common reason homes fail to appraise today? A. Buyers who pay an above-market price, perhaps in multiple offers. B. Appraiser inexperience (they use the wrong Comp’s, or get the adjustments wrong). C. Appraiser error...Read More
An App Acronym That Captures the Zeitgeist OK, so the term is easily confused — at least by someone with dyslexia — for another, not-so-nice acronym (“MOFO” — look it up). And the new app designed to exploit “FOMO” (Fear of Missing Out) targets insecure, 20-something social climbers (called “CouchCache,” it lets users give others...Read More
