Policies related to real estate appraisal appeals, or reconsiderations of value, have been rescinded by the Federal Housing Administration.
This article was published on March 19, 2025, at 3:24 p.m. on the ChosunBiz MoneyMove site.
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“If substandard commercial appeal appraisals are accepted routinely by appeals bodies, the result can be an increase in the tax burden for other property owners, including homeowners,” it noted.