Cuyahoga County sheriff to bar appraisers from buying foreclosures

CLEVELAND (AP) – The sheriff in Cleveland plans to bar the 36 appraisers working for his office from buying homes that have gone through public foreclosure.

The move by Cuyahoga County Sheriff Bob Reid is meant to avoid any conflict of interest in setting the value of foreclosed homes. The sheriff’s office has overseen nearly 33,000 auctions of foreclosed homes in the past five years.

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