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The Value of Appraisers

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Uploaded by on May 27, 2008

As the mortgage crisis continues, a lot of bank have been raising issues with appraisal reports. Today we talk about the value of a good appraisal. Click the title to hear today's episode. For more information about this topic or anything else mortgage related feel free to call us at The Mortgage Podcast at our new number at 1-877-412-8730.

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Uploader Comments (NatesMortgageNotes)

  • I am not an appraiser, but when it comes to determining values based on comps, underwriters use mathematical formulas, especially in these times that they go over every detail of an appraisal with a fine tooth comb.

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  • Good job.

  • Wrong!! An appraisal is an OPINION OF VALUE. It is based mostly on sales data however it is not derived from a mathematical formula. However the video does correctly identify that appraisers and appraisals are not to blame for the mortgage mess.

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