temecula valley: Are Appraisers Limiting Your Market?
- 06/25/09 02:36 AM
Wow, we are in an exciting market now. My office is located in Temecula, CA near wine country and we are having tremendous sales volume, however we have one major problem. The problems are not the buyers or sellers or even the lenders....the problem is the appraisers being assigned to our transactions. We often times have 50+ offers on one home.....YES 50+ offers with prices consistantly being bid up 10 to 20 percent over list price and the appraisers are still referring to us as a "declining market". We are only a "declining market", because most of the appraisers assigned to … (0 comments)
Wow, we are in an exciting market now. My office is located in Temecula, CA near wine country and we are having tremendous sales volume, however we have one major problem. The problems are not the buyers or sellers or even the lenders....the problem is the appraisers being assigned to our transactions. We often times have 50+ offers on one home.....YES 50+ offers with prices consistantly being bid up 10 to 20 percent over list price and the appraisers are still referring to us as a "declining market". We are only a "declining market", because most of the appraisers assigned to … (0 comments)
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