Why do lenders review property photos in an appraisal?
Property photos help verify condition, features, and any visible issues. Freddie Mac requires appraisers to include clear photos to support the valuation and ensure the property meets eligibility standards.
Related FAQs
- Can an appraisal expire?
- What is an appraisal reconsideration?
- What is a comparable sale in an appraisal?
- Why do appraisers adjust comparable sales?
- Why do lenders require an appraisal?
- What is a property inspection waiver?
- Can appraisal waivers be used?
- Can borrowers dispute an appraisal?
- What happens if a property does not appraise high enough?
- Are appraisals required for Freddie Mac loans?