market value: Another reason why appraisals are under intense scrutiny.
- 07/27/09 09:34 AM
Today I visited a nice gentleman in Norman, OK for the purpose of looking at his home for a market value. It was appraised 2 years ago for $60,000 by an appraiser that I know to be a decent appraiser (or at least I think so) and the lender was Chase. The appraisal was in order along with plenty of photos of the home. Photos showing the home to be in a state of disrepair and various stages of deferred maintenance. Yes, photos of all of the above. So here I am looking at the home like I normally would making … (7 comments)
Today I visited a nice gentleman in Norman, OK for the purpose of looking at his home for a market value. It was appraised 2 years ago for $60,000 by an appraiser that I know to be a decent appraiser (or at least I think so) and the lender was Chase. The appraisal was in order along with plenty of photos of the home. Photos showing the home to be in a state of disrepair and various stages of deferred maintenance. Yes, photos of all of the above.
;)
;)
