Due to COVID-19, we’re seeing changes in the ways that homes are being appraised and in what lenders are requiring in the way of appraisals. In-person appraisal inspections aren’t taking place as frequently. You can read more about those changes here: https://www.bankrate.com/mortgages/coronavirus-is-changing-home-appraisals/.
I’m happy to answer questions about the changes we’re seeing in the Portland metro area market. And if you’re wondering what it’s like to go through the process of buying or selling a home during the coronavirus pandemic, I’d be happy to talk you through it and give you some insights into what my clients’ experiences have been. I can share success stories!