I was on the Coldwell Banker site for agents and saw a link for an article from The Wall Street Journal and when I opened it I was shocked. Here's a link to the article "What's With All the Moaning about Home Appraisals?"
Here's my blog comment to that article:
- 9:57 pm July 12, 2009
- Sandy Keller wrote:
I am very disappointed with the Wall Street Journal for allowing publication of an article written by someone who does not have a clue about the subject. I worked for the Federal Government in Washington, D.C., was President and CEO of several corporations, and now I am one of those Realtors that you want to blame for moaning about appraisals. Since lenders and the media started the problem with the housing market common sense should have you and the lenders lead the way back, not to the "boom" but to a normal market. Recently the lenders own underwriters are not accepting appraisals done by appriaers hired directly by the lender. Lenders are using appraisers from other States. Entire communities are losing value if there has been one or two foreclosures. You need to do your homework and stop blaming Realtors.
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