Appraisal Red Flags

Updated

SAN FRANCISCO -- If you're a home buyer, you want to pay a fair price for the house. If you're a seller, you want to get the most you can. Both of you rely on an appraiser to get the home's value right.
Appraisals are a key part of just about any residential real-estate deal, but the world of appraisals is not without its scandals. Phony appraisals are often a problem in mortgage-fraud

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