home: Major industries are basing decisions on "INACCURATE INFORMATION"! Can be costly to all!
- 11/13/09 12:40 PM
Some banks are using systems or "internet sites" to get the value of homes. A client of mine recently refinanced their mortgage and was told that the appraisal came in fine. She asked when the appraiser came out, and if he did why didn't he come inside. The response was, "Oh we have a computerized system that we use to see the value of your home". I spoke to a mortgage friend of mine that told me they do sometimes use sites like "Zillow". Another instance, of this "unbelievable" practice was, I had called an insurance company to get a quote … (8 comments)
Some banks are using systems or "internet sites" to get the value of homes. A client of mine recently refinanced their mortgage and was told that the appraisal came in fine. She asked when the appraiser came out, and if he did why didn't he come inside. The response was, "Oh we have a computerized system that we use to see the value of your home". I spoke to a mortgage friend of mine that told me they do sometimes use sites like "Zillow".
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