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In your model you’d simply shift (even more) corruption onto the appraisal process.
by nugget 8y ago
In your model you’d simply shift (even more) corruption onto the appraisal process.
- jliptzin 8y agoStill, even if a home appraises for 25% less than it otherwise should, that's still a vastly better compensation scheme than our current system.
- manny_hasyrs 8y agoThis will make buying a home very unattractive as an investment.
- snovv_crash 8y agoThen you need independent appraisals where you pay for the service, but they pay a penalty based on how inaccurate their appraisal is.