http://therealestatebakery.com/2008/10/02/appraisers-are-trump/ Loudoun County VA\'s Most Informative Real Estate Blog Mon, 08 Mar 2010 19:47:26 -0700 http://wordpress.org/?v=2.8.4 hourly 1 http://therealestatebakery.com/2008/10/02/appraisers-are-trump/comment-page-1/#comment-391 The Appraisal Rules Could Be Changing | The Real Estate Bakery by Jonathan Bunn Mon, 02 Nov 2009 20:55:07 +0000 http://therealestatebakery.com/2008/10/02/appraisers-are-trump/#comment-391 [...] Appraisers Are Trump [...] [...] Appraisers Are Trump [...]

]]> http://therealestatebakery.com/2008/10/02/appraisers-are-trump/comment-page-1/#comment-188 Grants Pass Homes for Sale Sat, 11 Oct 2008 06:28:06 +0000 http://therealestatebakery.com/2008/10/02/appraisers-are-trump/#comment-188 Appraisers are Trump alright...In Northwest Arizona we're seeing the appraisals coming in just above the contract price of the foreclosure properties. It's drivin our values down 42%. I asked the question of master appraiser, "should these appraisers be using foreclosure comps?" The MA said, "no!" Local appraisers are directed to use a declining market calulation to determin a non-REO properties value. The problem, The MA says is that this takes more brain power and use of mathmatical calculations than the avg. appraiser is willing to do. Appraisers are Trump alright…In Northwest Arizona we’re seeing the appraisals coming in just above the contract price of the foreclosure properties. It’s drivin our values down 42%. I asked the question of master appraiser, “should these appraisers be using foreclosure comps?” The MA said, “no!” Local appraisers are directed to use a declining market calulation to determin a non-REO properties value. The problem, The MA says is that this takes more brain power and use of mathmatical calculations than the avg. appraiser is willing to do.

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