Appraisals can make or break the construction loan process, but a low appraisal need not mean the homeowner has to cancel the project. More
Lower property values coupled with restrictive lending practices is leaving more remodelers with the bulk of their sales coming from customers who can self-finance. More
New appraisal laws and decreased home values are diminishing the appraised value of many home improvements and the perceived return on investment of higher-end improvements in particular. More
Resale values for the 2001 Cost vs. Value Report were estimated by the following real estate professionals. More