Recent area transactions for Welches, Government Camp, Rhododendron and Brightwood bring challenges if using a bank to obtain a mortgage. One of the many pieces of the puzzle is the appraised value of the property. Lenders send out the appraiser to determine the value of the property they plan on lending on.

Today's appraisals are conservative in nature as all banks are trying to reduce risk in lending after the recent bubble fiasco.

Did you know that 35% of appraisals run into issues? Here is some information breaking down the numbers from NAR.