Appraisers aren’t the problem with market: a letter to the editor – New Orleans Times-Picayune (Real Estate Appraisal)
November 2, 2009 on 5:00 am | In Real Estate Appraisal | No CommentsAppraisers aren’t the problem with market: a letter to the editor – New Orleans Times-Picayune
Re: “North shore real estate struggles,” Money, Oct. 29. I enjoyed reading Rebecca Mowbray’s article in the Money section of Thursday’s paper. I would like to comment on David Crumhorn’s statement that “the biggest problem is that low appraisals are
Pacific Palisades Real Estate – Determing your Home’s Value part 1 – Zimbio
Appraisals are primarily used to protect the lender’s interest in the property. Just like lenders can be hesitant to issue a mortgage to credit-risky borrowers, they don’t like to underwrite properties for more than they’re worth. Appraisals also are
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