Sell your appraisal judgment
As a commercial fee appraiser or chief appraiser in a bank, what’s the answer to the question, “What value do appraisals provide? Some might answer, “Because we have to order them.” But there’s a reason “you have to.” Usually the reasons include words like “real estate bubble”, “foreclosures” or the catch-all phrase, “financial crisis.” It’s a lot of legal heartache when real estate loans go sideways. It’s […]