A friend of mine, who is an Investor, buys homes at the foreclosure auctions (courthouse steps) and sells homes. He called me to ask me if I had any Appraiser’s phone numbers I could give him that he could get a quick appointment with, because the one he normally uses is out of town and the Appraiser that his “friend” gave him was not going to work out.
I asked what the issue was with the Appraiser his friend gave him and he said to me . . .
“I told him that I was looking for an appraisal around $280K for this property; do you think it is worth that?” The Appraiser said to him “For a few thousand, I could appraise it for what ever you want me to appraise it for”.
My investor friend, a great person and savvy investor, not a Real Estate Agent, calls me when he thinks something is “shady" or makes him uncomfortable. I told him to give me the guy’s name and I will take care of it and I gave him the information he needed so he can get a “real appraisal”.
I have in my possession the guy’s card so I will be reporting him.
THE FRAUD CONTINUES.