Apr 13, 2021
7:55:24am
7:55:24am
But a "hot market" usually pops and resettles. So again, the entire point of an
appraisal is to protect the bank's investment, and quite often a house isn't worth the other in a hot market, or at least won't be once that market bursts in a year or two.
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I don't disagree with the last part, but that's not the appraisers' fault. They have a legitimate job to do for the most
4/13/21 7:41am
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Why is the answer not just a simple computer program that does some data modeling to find a value range based on comps
4/13/21 9:40am
4/13/21 10:03am
How are competitive neighborhoods picked by an appraiser? Not sure how emotion plays into an objective valuation
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