Yes, you just read that headline correctly. The Appraiser can be your friend too. See, most agents and others seem to look at the Appraiser as a deal killer, a person who dictates the market, a person who makes the transaction harder than it should be, or that person who disagrees with the contract price.
Category: Consumers, AMC, Appraisal Management Companies, Lenders, Banks, Mortgage Companies,
I have written many blog posts here, mainly for the consumer to read and understand what is actually happening in the world of Real Estate Valuations. My blogs range from being overcharged for appraisals so the middle man (the appraisal management company or AMC) can make money, lenders still pressuring appraisers to hit a value,
Well, here we go again. In my previous blog posts titled “Round and Round” and “Pressure My Story”, I spoke to examples of how lenders and/or AMCs have been pushing and pressuring appraisers to hit certain values on transactions. If an appraiser did not hit these numbers, or make changes to make the transaction work
Where to start with this? Do I have to refer you back to my past articles like “What’s Not in Your Wallet or Appraisers Outraged?” Where do we even begin…. We begin here. Another story of an Appraisal Management Company going out of business owing tons of money to appraisers for services they provided. Coester