Comment on New Jersey Draconian Penalties on Appraisers by Baggins
Appraisers Blog
DECEMBER 25, 2023
In reply to Older and Maybe Wiser. Who lined up those deals in the first place, commissioned based agents and commission based lending companies? Buyers can be handed additional disclosure forms that they may use their appraiser complaint settlement money to help offset down payment requirements if they want to try again. But they’ll never escape the debt trap which occurs from amortized commissions over a 30 year schedule!
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