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ginadirocco
4 Posts |
 Posted - 08/26/2008 : 09:47:05 AM
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Hi,
I am an appraiser who is also struggling with a sharp deline in business over the past 6-12 months, and it will only get worse for us. As I'm sure you know, with the probable coming of the HVCC in January we will no longer be able to accept appraisal assignments directly from mortgage brokers; you will be required to order them through AMCs or Appraisal Management Companies.
You have been our bread and butter for many years and on January 1st we will no longer be allowed to work with you. I, for one, am so frustrated that all the work I've put into establishing and maintaining my business relationships will go down the drain in a few months and I (and you) must soon work with a faceless management company who cares not about the quality of a report, but only the low price and fast turn around.
I am wondering how mortgage brokers feel about this change. Are you pleased that you won't have to deal with appraisers anymore? Are you disappointed that the relationships you've maintained over the years are no longer usable? Do you think that this is good or bad for the consumer?
Thank you for your input.
Gina
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FraudFighter
537 Posts |
Posted - 08/26/2008 : 11:11:15 AM
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The Dodd/Crowley IVPI Proposal is still a real possibility:
http://www.mortgagefraudwatchlist.org/docs/IVPI%20Proposal.pdf
Something like this MUST happen when the taxpayers bail out lenders and the GSEs. Loan originators, companies included and that means MBs and the lenders and the untrustworthy GSEs MUST be completely removed from having anything to do with appraiser selection and the whole appraisal process. There is way toooo much conflict of interest otherwise. |
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GSE_
776 Posts |
Posted - 08/26/2008 : 11:22:19 AM
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FraudFighter,
Your ignorance is dumbfounding. I guess when WAMU owned its own Appraisal Management Company that combated all the Appraisal Fraud at WAMU...............Oh that is right they just settled a multi-million dollar suit over pressuring their very own Appraisal Management Company..........Yes Fraud Fighter, Appraisal Management Companies are the way to go...Another great call :thumbsup: |
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ritabradley01
4945 Posts |
Posted - 08/26/2008 : 11:32:36 AM
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One solution... copy and paste
http://www.appraisalpress.com/news/articles/how_big_is_the_appraisal_pie/ |
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ritabradley01
4945 Posts |
Posted - 08/26/2008 : 11:34:34 AM
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quote:
Originally posted by GSE_
FraudFighter,
Your ignorance is dumbfounding. I guess when WAMU owned its own Appraisal Management Company that combated all the Appraisal Fraud at WAMU...............Oh that is right they just settled a multi-million dollar suit over pressuring their very own Appraisal Management Company..........Yes Fraud Fighter, Appraisal Management Companies are the way to go...Another great call :thumbsup:
Appraisal managment can be a good thing when done properly. |
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FraudFighter
537 Posts |
Posted - 08/26/2008 : 11:45:28 AM
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quote:
Originally posted by GSE_
FraudFighter,
Your ignorance is dumbfounding. I guess when WAMU owned its own Appraisal Management Company that combated all the Appraisal Fraud at WAMU...............Oh that is right they just settled a multi-million dollar suit over pressuring their very own Appraisal Management Company..........Yes Fraud Fighter, Appraisal Management Companies are the way to go...Another great call :thumbsup:
Obviously, you didn't read the Dodd/Crowley IVPI Proposal.
I never have and never will do anything for any of the existing AMCs. |
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jcallanan
476 Posts |
Posted - 08/26/2008 : 12:04:24 PM
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not sure how this system will work
but won't it limit the income an appraiser can make?
waiting around for "their turn" to do an appraisal?
not being able to go out and solicit biz from brokers etc... |
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ritabradley01
4945 Posts |
Posted - 08/26/2008 : 12:10:41 PM
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| I don't know but I don't like "what if" games. The name of the game for appraisers is to make a plan for how they are going to stay in business. Non-lender work would probably be a good start. |
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TheBigGuy
533 Posts |
Posted - 08/26/2008 : 12:13:44 PM
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| Where are we at with this? I heard a ton about it a few months ago, now we are just 3-4 months from implementation and I havent heard a word??? Come January is it AMC or nothing? |
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FraudFighter
537 Posts |
Posted - 08/26/2008 : 12:15:12 PM
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quote:
Originally posted by jcallanan
not sure how this system will work
but won't it limit the income an appraiser can make?
waiting around for "their turn" to do an appraisal?
not being able to go out and solicit biz from brokers etc...
The review system of the Dodd/Crowley IVPI would weed out the incompetent and dishonest appraisers very quickly, leaving more business for the best. Those that can competently and honestly handle more will get more. |
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FraudFighter
537 Posts |
Posted - 08/26/2008 : 12:16:47 PM
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quote:
Originally posted by TheBigGuy
Where are we at with this? I heard a ton about it a few months ago, now we are just 3-4 months from implementation and I havent heard a word??? Come January is it AMC or nothing?
The evidence of dishonest at many (most?) of the AMCs is coming out. I hope many (most!) of them will either go out of business or those running them will be indicted.
So far, I don't think anybody knows what is going to happen. |
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Managing Prime
2958 Posts |
Posted - 08/26/2008 : 12:17:55 PM
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Already using AMC. I kind of like it. All the Free Comp Checks are nice too. |
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jscorbett
4602 Posts |
Posted - 08/26/2008 : 12:24:00 PM
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| and Pamela what makes you feel your proposal shall work ??? and once again I believe you are simply on this site to boost your own personal agenda |
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FraudFighter
537 Posts |
Posted - 08/26/2008 : 12:27:53 PM
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quote:
Originally posted by jscorbett
and Pamela what makes you feel your proposal shall work ??? and once again I believe you are simply on this site to boost your own personal agenda
I'm just one of many that worked on that proposal. My agenda is for full disclosure, honesty, and reliable appraisals; nothing more and nothing less. Shoot, I'm about to retire anyway and would like to leave appraising better than when I came into it.
Are you one of 'those' that thinks every motivation of every other human being is all about money being their 'God'? |
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ritabradley01
4945 Posts |
Posted - 08/26/2008 : 12:33:35 PM
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quote:
Originally posted by jscorbett
and Pamela what makes you feel your proposal shall work ??? and once again I believe you are simply on this site to boost your own personal agenda
What do you think Pam's agenda is? |
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Boulderco
1775 Posts |
Posted - 08/26/2008 : 12:33:54 PM
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| None of the appraisers I know are excited about this. I'm sure there are some mediocre government worker types that are, and the woman that just had a baby and wants to do a few here and there, but can't be inconvenienced with lenders that want someone available all the time. So, I guess we'll just see how it all works out. |
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jstar
1229 Posts |
Posted - 08/26/2008 : 12:39:57 PM
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quote:
Originally posted by FraudFighter
quote:
Originally posted by jcallanan
not sure how this system will work
but won't it limit the income an appraiser can make?
waiting around for "their turn" to do an appraisal?
not being able to go out and solicit biz from brokers etc...
The review system of the Dodd/Crowley IVPI would weed out the incompetent and dishonest appraisers very quickly, leaving more business for the best. Those that can competently and honestly handle more will get more.
This is not true. It will attract the most conservative and those willing to work for less. It is just as negligent to provide an undervalued appraisal so you do not lose your place on the gravy train as a pushed appraisal. Additionally you will increase the chances of borrower wasting money on an unnecessary appraisal by who knows how much….
I have used both of these appraisal systems….. Have you?
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Agent_Mike
987 Posts |
Posted - 08/26/2008 : 12:41:19 PM
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Gina,
Thanks for bringing this topic back up about the HVCC. I was following it, but have been busy lately and haven't had the time.
Has the HVCC passed completely, and if so, is it effective in all states - including CA?
That's interesting that you mention it's starting in January 2009. I wasn't aware of that. please confirm your sources. |
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ginadirocco
4 Posts |
Posted - 08/26/2008 : 12:47:37 PM
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Mortgage brokers, thank you for your replies.
I am just so frustrated by the appraisers whose lofty goal to stop lender pressure has led to this distaster for the honest, hardworking appraiser who have developed longstanding and respectful relationships with honest and hardworking mortgage brokers. I know I will get blasted for this and should probably be on the appraisers forum with it instead of the MB forum, but I think the appraisers' petition and everything that went with it has completely backfired and now we and the consumers will pay the price. |
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ritabradley01
4945 Posts |
Posted - 08/26/2008 : 12:53:57 PM
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quote:
Originally posted by ginadirocco
Mortgage brokers, thank you for your replies.
I am just so frustrated by the appraisers whose lofty goal to stop lender pressure has led to this distaster for the honest, hardworking appraiser who have developed longstanding and respectful relationships with honest and hardworking mortgage brokers. I know I will get blasted for this and should probably be on the appraisers forum with it instead of the MB forum, but I think the appraisers' petition and everything that went with it has completely backfired and now we and the consumers will pay the price.
You won't go on the appraisers forum because you know you'll be blasted into the next century for your opinion. Stop pandering to these guys....you are obviously trying to get some business from them. |
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Boulderco
1775 Posts |
Posted - 08/26/2008 : 1:00:38 PM
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| I think you're right Gina. The appraiser I have worked with for the past ten years gets assignments from Countrywide and Wells and gets paid maybe $175 per assigment. It's steady when things are slow, although Wells did tell her they wanted her to accept less if she wanted to continue receiving assignments. With my orders, she gets paid $350 or more. She gets half the pay, or less, for the same work. |
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GSE_
776 Posts |
Posted - 08/26/2008 : 1:01:47 PM
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Gina,
Thank you for your honesty. Do not worry about FraudFighter, she has been proven to be a liar. Rita is pretty new to the Appraisal Profession (Under 5 years experience according to her License on Record), so again take the above two with a grain of salt.
It is nice to see someone voice their real concern from your side of the fence. It is much appreciated
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powwow
385 Posts |
Posted - 08/26/2008 : 1:06:30 PM
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quote:
Originally posted by ginadirocco
Mortgage brokers, thank you for your replies.
I am just so frustrated by the appraisers whose lofty goal to stop lender pressure has led to this distaster for the honest, hardworking appraiser who have developed longstanding and respectful relationships with honest and hardworking mortgage brokers. I know I will get blasted for this and should probably be on the appraisers forum with it instead of the MB forum, but I think the appraisers' petition and everything that went with it has completely backfired and now we and the consumers will pay the price.
I think you are misplacing the blame. The idea of lender pressure and inflated appraisals isn't a conspiracy hatched by the AF so they can rule the world. And there are plenty of consumers who are already paying the price for the status quo. I don't like 100% of the HVCC either but something has to be done. |
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jscorbett
4602 Posts |
Posted - 08/26/2008 : 1:08:45 PM
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I am basing my opinion on the last 2 years of posts by Pamela/ corney / fraudfighter. Same as before I applaud her effort, but not the tactics
quote:
Originally posted by FraudFighter
quote:
Originally posted by jscorbett
and Pamela what makes you feel your proposal shall work ??? and once again I believe you are simply on this site to boost your own personal agenda
I'm just one of many that worked on that proposal. My agenda is for full disclosure, honesty, and reliable appraisals; nothing more and nothing less. Shoot, I'm about to retire anyway and would like to leave appraising better than when I came into it.
Are you one of 'those' that thinks every motivation of every other human being is all about money being their 'God'?
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ginadirocco
4 Posts |
Posted - 08/26/2008 : 1:11:36 PM
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Geez Rita, that was a little mean. You are right though, I would be blasted from here to kingdom come on the appraisers forum. Fact is I just don't have the energy to deal with it and that's why I'm not doing it. I am not "pandering" to anybody. I was simply wondering what the collective opinion of MBs is of the HVCC and thought this would be a good place to ask. I'm also just giving my opinion. Isn't that what these forums are for? I have not asked a single broker here for business and have no intention of doing so.
Mike, I am not an expert. The most recent that I've heard is that it has not been passed in all states and that it is still under review, although some version seems inevitable.
The Appraisal Press, which is published by a la mode (a popular appraisal software company) just printed an article which summarized it nicely. |
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ginadirocco
4 Posts |
Posted - 08/26/2008 : 1:12:58 PM
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Sorry, here's the link to the article
http://www.appraisalpress.com/news/articles/the_velocity_of_change/
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Boulderco
1775 Posts |
Posted - 08/26/2008 : 1:33:28 PM
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| I'd order an appraisal from you if I was doing a loan in Massachusetts, even though you aren't soliciting appraisals. |
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ritabradley01
4945 Posts |
Posted - 08/26/2008 : 2:03:50 PM
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I'm not trying to be mean Gina but there is a problem with value inflation by appraisers and something had to be done.
Th fact that Boulderco says he'd use you if he could proves my point. If you come on this forum saying things like that you are
"so frustrated by the appraisers whose lofty goal to stop lender pressure has led to this distaster for the honest, hardworking appraiser who have developed longstanding and respectful relationships with honest and hardworking mortgage brokers"
you pit yourself against a lot of honest appraisers that recognize the problem and it appears that you want things to go on as they have. This is just what many mortgage brokers (honest and dishonest alike) want. You are saying what they want to hear and I have no doubt you will get some business out of this. Have fun.
You are right GSE. I only have 4 years in the business but what does that have to do with recognizing all the blatant fraud that has been going on in this industry? It takes about 5 minutes to figure out. All you have to do is read a newspaper. Anyone who can't see it is either really naive or doesn't want to see it.
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powwow
385 Posts |
Posted - 08/26/2008 : 2:14:20 PM
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quote:
Originally posted by ritabradley01
I'm not trying to be mean Gina but there is a problem with value inflation by appraisers and something had to be done.
Th fact that Boulderco says he'd use you if he could proves my point. If you come on this forum saying things like that you are
"so frustrated by the appraisers whose lofty goal to stop lender pressure has led to this distaster for the honest, hardworking appraiser who have developed longstanding and respectful relationships with honest and hardworking mortgage brokers"
you pit yourself against a lot of honest appraisers that recognize the problem and it appears that you want things to go on as they have. This is just what many mortgage brokers (honest and dishonest alike) want. You are saying what they want to hear and I have no doubt you will get some business out of this. Have fun.
You are right GSE. I only have 4 years in the business but what does that have to do with recognizing all the blatant fraud that has been going on in this industry? It takes about 5 minutes to figure out. All you have to do is read a newspaper. Anyone who can't see it is either really naive or doesn't want to see it.
You need to take GSE with a grain of salt. You've seen his posts. He's afraid he's going to be living off government cheese come October 1st, so he sounds a little whacky. |
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Boulderco
1775 Posts |
Posted - 08/26/2008 : 2:14:42 PM
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| Uh, wrong Rita. It proves no such thing. I would order from her because I know no appraisers in MA, and the fact that she is on here talking about having worked to develop relationships carries some weight with me. She could totally take the fee, lowball the appraisal because she accepted an assignment in an area she isn't familiar with, and there would be nothing I could do about it. I'm in Colorado and have done all of 2 loans in MA over the years so it isn't as if she would be motivated to overinflate my appraisal in the hopes of getting another order from me in six years. But, I'd still prefer to order from someone I have talked to however briefly here, as opposed to having it randomly assigned. But, perhaps you haven't had any relationships built with lenders, so that would be your first thought. |
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ritabradley01
4945 Posts |
Posted - 08/26/2008 : 2:22:07 PM
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Most brokers like "appraisers" who want things to stay the same. Most brokers hate anyone who speaks the truth about appraisal inflation and what causes it. It's all over this forum.
You are right that I have developed very few appraiser/mortgage broker professional relationships. For that to happen I would have to flush my silly ethics down the toilet. Most brokers in my area are looking for team players that will help their deals work. They have no use for an honest appraisal.
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FraudFighter
537 Posts |
Posted - 08/26/2008 : 2:24:37 PM
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quote:
Originally posted by ginadirocco
Mortgage brokers, thank you for your replies.
I am just so frustrated by the appraisers whose lofty goal to stop lender pressure has led to this distaster for the honest, hardworking appraiser who have developed longstanding and respectful relationships with honest and hardworking mortgage brokers. I know I will get blasted for this and should probably be on the appraisers forum with it instead of the MB forum, but I think the appraisers' petition and everything that went with it has completely backfired and now we and the consumers will pay the price.
I KNOW there are good mortgage brokers and appraisers who are not committing frauds. Their business will not be affected by this, only difference will be not being able to directly select doing business together. THAT is when/if the Dodd/Crowley IVPI Proposal goes into effect. The HVCC on it's own, and other IVPI proposals being put forth by the current AMC owners/advocates with ulterior motives is what would damage the whole real estate industry.
Competent and honest appraisers are NOT 'conservative' and do NOT low-ball. Any appraiser caught doing that would be treated the same as any appraiser caught artificially inflating a value. |
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FraudFighter
537 Posts |
Posted - 08/26/2008 : 2:27:39 PM
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quote:
Originally posted by GSE_
Gina,
Thank you for your honesty. Do not worry about FraudFighter, she has been proven to be a liar. Rita is pretty new to the Appraisal Profession (Under 5 years experience according to her License on Record), so again take the above two with a grain of salt.
It is nice to see someone voice their real concern from your side of the fence. It is much appreciated
Actually, YOU are the liar. |
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jscorbett
4602 Posts |
Posted - 08/26/2008 : 2:30:20 PM
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| but at the end of the day , we are ewach responsible for our own actions. If an appraiser inflates value, it doesnt matter whether they were pushed by the mean bad broker its on them, and in turn its on all you appraisers to police yourself and not come to us ( brokers ). Just because someone asks me to shoot someone doesnt mean i am going to. Also, maybe appraisers should raise the bar a little, who on earth would sell their sould at 350 a pop ?? |
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powwow
385 Posts |
Posted - 08/26/2008 : 2:35:09 PM
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quote:
Originally posted by jscorbett
but at the end of the day , we are ewach responsible for our own actions. If an appraiser inflates value, it doesnt matter whether they were pushed by the mean bad broker its on them, and in turn its on all you appraisers to police yourself and not come to us ( brokers ). Just because someone asks me to shoot someone doesnt mean i am going to. Also, maybe appraisers should raise the bar a little, who on earth would sell their sould at 350 a pop ??
Correct me if I'm wrong but isn't that what is happening? |
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Boulderco
1775 Posts |
Posted - 08/26/2008 : 2:43:24 PM
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| Where were you having most of your problems Rita? Were they refi shops? What percentage of purchase transactions were you finding to be over valued? |
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jscorbett
4602 Posts |
Posted - 08/26/2008 : 2:46:09 PM
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| not really you have some overzealus, underqualified , scorned individual tkaing up your cause, that would scare the hell out of me |
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ritabradley01
4945 Posts |
Posted - 08/26/2008 : 2:46:10 PM
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quote:
Originally posted by Boulderco
Where were you having most of your problems Rita? Were they refi shops? What percentage of purchase transactions were you finding to be over valued?
What's your point? Mostly re-fi. Who cares. |
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ritabradley01
4945 Posts |
Posted - 08/26/2008 : 2:49:27 PM
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quote:
Originally posted by jscorbett
not really you have some overzealus, underqualified , scorned individual tkaing up your cause, that would scare the hell out of me
Huh? Hey, no one's perfect (we all make spelling errors from time to time) but if you want to appear qualified for anything you might want to fix the three spelling errors and numerous grammatical errors in your last post. I'm glad you aren't determining who is qualified and who isn’t. |
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jscorbett
4602 Posts |
Posted - 08/26/2008 : 2:56:59 PM
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| oohh hit someones hot button. while i respect what pamela does , when is the last time she actually performed an appraisal ? |
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Boulderco
1775 Posts |
Posted - 08/26/2008 : 2:58:14 PM
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quote:
Originally posted by ritabradley01
quote:
Originally posted by Boulderco
Where were you having most of your problems Rita? Were they refi shops? What percentage of purchase transactions were you finding to be over valued?
What's your point? Mostly re-fi. Who cares.
My point is if you're having problems on purchases then you probably need to take an honest look at yourself. If a seller lists their property with an agent that has done market research, and a buyer looks at a variety of homes and determines that the price is a fair exchange, you shouldn't have many issues with values. Refinance values are frequently pulled out of the @sses of uninformed owners. If you have lenders leaning on you to hit values on refis that clearly aren't there, you need to upgrade your clientele. |
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Boulderco
1775 Posts |
Posted - 08/26/2008 : 2:58:29 PM
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quote:
Originally posted by ritabradley01
quote:
Originally posted by Boulderco
Where were you having most of your problems Rita? Were they refi shops? What percentage of purchase transactions were you finding to be over valued?
What's your point? Mostly re-fi. Who cares.
My point is if you're having problems on purchases then you probably need to take an honest look at yourself. If a seller lists their property with an agent that has done market research, and a buyer looks at a variety of homes and determines that the price is a fair exchange, you shouldn't have many issues with values. Refinance values are frequently pulled out of the @sses of uninformed owners. If you have lenders leaning on you to hit values on refis that clearly aren't there, you need to upgrade your clientele. |
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ritabradley01
4945 Posts |
Posted - 08/26/2008 : 3:41:32 PM
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quote:
Originally posted by jscorbett
oohh hit someones hot button. while i respect what pamela does , when is the last time she actually performed an appraisal ?
I believe she performs appraisers for non-lender clients. People that actually want a true appraisal. Good for her.
What childish arguments we get in here. |
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ritabradley01
4945 Posts |
Posted - 08/26/2008 : 3:50:15 PM
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quote:
Originally posted by Boulderco
quote:
Originally posted by ritabradley01
quote:
Originally posted by Boulderco
Where were you having most of your problems Rita? Were they refi shops? What percentage of purchase transactions were you finding to be over valued?
What's your point? Mostly re-fi. Who cares.
My point is if you're having problems on purchases then you probably need to take an honest look at yourself. If a seller lists their property with an agent that has done market research, and a buyer looks at a variety of homes and determines that the price is a fair exchange, you shouldn't have many issues with values. Refinance values are frequently pulled out of the @sses of uninformed owners. If you have lenders leaning on you to hit values on refis that clearly aren't there, you need to upgrade your clientele.
Like I said, mostly re-fi. I have upgrade my clientele. I don't work for MBs anymore.
Please read (especially my bold):
Home / Real estate / Real Estate News
Oversight of appraisers lacking
By
Associated Press / August 18, 2008
Email| Print| Single Page| Yahoo! Buzz| ShareThisText size – + CHARLOTTE, N.C. - As soaring home prices set the stage for America's housing meltdown, a critical step in making sure those home sales were a fair deal - the real estate appraisal - was undermined from within.
After the last major banking disaster, Congress set up a system to catch rogue appraisers. Their game: inflating the value of homes at the direction of unscrupulous real estate agents and mortgage brokers, whose commissions are determined by the size of the deals. But a six-month Associated Press investigation found a system crippled by both the bumbling of its policemen and their inability to effectively punish those committing fraud.
And despite ample evidence appraisers are pressured into inflating home values - sometimes to prices in support of loans that are more than buyers can afford - federal regulators have thus far made a conscious choice not to act.
"The system is completely broken," Marc Weinberg, former acting director at the federal agency charged with monitoring the appraisal industry, told the AP before he retired this year. The AP found that:
Since 2005 more than two dozen states and US territories have violated federal rules by failing to investigate and resolve complaints about appraisers within a year. Some complaints sat uninvestigated for as long as four years.
The only tool federal regulators have to force states into compliance is so draconian - it would effectively halt all mortgage lending in a state - it has never been used.
Both state appraisal boards and the federal agency tasked with their oversight are chronically understaffed.
"The appraisal reforms of the late 1980s were good reforms," said Susan Wachter, a real estate professor at the University of Pennsylvania's Wharton School of Business. "But they were not sufficient to prevent what we have seen . . . because regulation without teeth is not regulation."
Experts and industry insiders, including appraisers who feel betrayed by colleagues who don't follow the rules, say the failure to effectively monitor the real estate appraisal industry contributed to housing's collapse.
Appraisers are supposed to come up with a value free of any outside pressure. But more than three dozen appraisers nationwide interviewed by the AP said they often felt pushed by a real estate agent or mortgage broker to fraudulently inflate a property's value. They supplied the AP with documents from lenders asking them to "hit a number." Documents obtained by the AP also show that hundreds of appraisers complained to federal and state agencies about such fraudulent inflation of values.
The federal Appraisal Subcommittee is supposed to help states remove from the system those appraisers who agree to "hit a number." But it has only four employees to conduct field reviews and audits of 50 states and four US territories, and hasn't even had a permanent director since the agency's chief retired at the end of last year.
When the agency does find a state failing to follow the law, the only tool available to force compliance is a death sentence known as "non-recognition" - a penalty that would ban all appraisers in that state from handling deals involving a federal agency.
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ritabradley01
4945 Posts |
Posted - 08/26/2008 : 3:56:45 PM
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During the feeding frenzy ahh real estate boom, prospective homeowners trusted their agents who often were in cahoots with the listing agent to get the borrower to pay the highest price possible for the homes.
When a person is using someone else's money, they are more likely to overpay than when they are paying cash.
Have you ever thought about WHY the lender requires and appraisal, even on purchases? The lender for the buyer wants an appraisal done to make sure that they are not loaning out more money than the property is worth. If the appraisal automatically comes in at the offer price, it defeats the purpose of the appraisal. |
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jscorbett
4602 Posts |
Posted - 08/26/2008 : 4:00:35 PM
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Actually by her own admission she has not done any in years. she performs appraisers ? what does she do ? Is it a stand up routine.. But i agree
quote:
Originally posted by ritabradley01
quote:
Originally posted by jscorbett
oohh hit someones hot button. while i respect what pamela does , when is the last time she actually performed an appraisal ?
I believe she performs appraisers for non-lender clients. People that actually want a true appraisal. Good for her.
What childish arguments we get in here.
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ritabradley01
4945 Posts |
Posted - 08/26/2008 : 4:03:04 PM
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quote:
Originally posted by jscorbett
Actually by her own admission she has not done any in years. she performs appraisers ? what does she do ? Is it a stand up routine.. But i agree
quote:
Originally posted by ritabradley01
quote:
Originally posted by jscorbett
oohh hit someones hot button. while i respect what pamela does , when is the last time she actually performed an appraisal ?
I believe she performs appraisers for non-lender clients. People that actually want a true appraisal. Good for her.
What childish arguments we get in here.
She performs appraisers? Huh? |
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jscorbett
4602 Posts |
Posted - 08/26/2008 : 4:08:05 PM
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| read your post Rita |
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Boulderco
1775 Posts |
Posted - 08/26/2008 : 4:14:32 PM
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Maybe the appraiser shouldn't even get a copy of the contract. That provides a number to hit, so maybe all sales transaction prices should be determined based solely on a blind appraisal.
The idea that buyers are willingly paying too much for a property is, well, too much. |
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TheBigGuy
533 Posts |
Posted - 08/26/2008 : 4:36:19 PM
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Please dont feed the trolls
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ritabradley01
4945 Posts |
Posted - 08/26/2008 : 5:06:01 PM
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quote:
Originally posted by jscorbett
read your post Rita
haha ya got me!!!! I'm such a goof sometimes! |
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