Archive for category Foreclosure Info.
Three States Move to Ban Foreclosure Sales From Appraisal Values
Posted by Robbie in Foreclosure Info. on March 31, 2011
With foreclosure sales steadily rising, four states are concerned that the use of the foreclosure sale prices in appraisals of neighboring homes is distorting the market. Legislators in Illinois, Nevada, and Missouri have all proposed separate bills that would exclude or restrict foreclosure sales from being used as comparisons to determine the value of homes [...]
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