We receive many calls from mortgage brokers and borrowers for value verifications. In most cases, these requests are related to a refinance, a purchase money loan, or a construction loan. In each case, it is usually stated that the borrower would like to “feel” the value of the property before paying for a “full appraisal.” […]
Continue.. Value Checks, Comp Checks, Compouts: an understandable desire, but a bad idea