Pressure13

It’s an ugly fact of life in a declining real estate market. Real estate appraisers are under pressure from all sides. Here’s a recent article I saved.

Daily Real Estate News | February 2, 2007

Appraisers Get Pressured to Falsify Findings

The pressure is on property appraisers to come up with the right number, say 90 percent of appraisers surveyed by October Research Corp., which publishes Valuation Review, an industry newsletter.

That percentage is much higher than it was in 2003, the last time the survey was conducted, when only 55 percent of appraisers reported attempts by others to influence their findings.

The current survey found that 68 percent of appraisers lost the client when they…

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Marc Brinitzer

Sacramento, CA

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Big Valley Mortgage

Office Phone: (916) 791-3760 x 340

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