Cash offer startup Ribbon launches appraisal protection service

The company will now cover the difference for under-appraised homes purchased through its RibbonCash Offers service in all five of its markets. Continue reading

Banks can now delay appraisals for up to 120 days after closing

In addition to allowing lenders to delay appraisals for up to 120 days after closing, the temporary rule also allows for desktop appraisals and other forms of assessment flexibility. Continue reading