As a mortgage broker, chances are you are intimately knowledgeable about the Appraisal Independence Requirement AIR as part of sound underwriting for financial institutions. And though you may be familiar with the provisions for gaining information to safely loan on a property, be careful not to take for granted that buyers are aware of the legislation or the purpose and process of the appraisal overall.

Read the full article via The Top Myths and Misconceptions in the Appraisal Process Dispelled for Clients | The Niche Report.