http://homesappraiser.com/2009/12/28/what-actions-can-be-taken-when-an-appraiser-uses-strictly-foreclosed-properties-to-come-up-with-my-home-value/ Home Values and Appraisal Tips Sat, 27 Feb 2010 03:21:49 -0600 http://wordpress.org/?v=2.8.2 hourly 1 http://homesappraiser.com/2009/12/28/what-actions-can-be-taken-when-an-appraiser-uses-strictly-foreclosed-properties-to-come-up-with-my-home-value/comment-page-1/#comment-293 jlf Mon, 28 Dec 2009 18:30:42 +0000 http://homesappraiser.com/2009/12/28/what-actions-can-be-taken-when-an-appraiser-uses-strictly-foreclosed-properties-to-come-up-with-my-home-value/#comment-293 Repos are part of the marketplace nowadays. The appraiser has to use available comps - but he/she should be using sale figures (when the REOs resell), not foreclosure loan value. Repos are part of the marketplace nowadays. The appraiser has to use available comps – but he/she should be using sale figures (when the REOs resell), not foreclosure loan value.

]]> http://homesappraiser.com/2009/12/28/what-actions-can-be-taken-when-an-appraiser-uses-strictly-foreclosed-properties-to-come-up-with-my-home-value/comment-page-1/#comment-292 Pengy Mon, 28 Dec 2009 18:05:01 +0000 http://homesappraiser.com/2009/12/28/what-actions-can-be-taken-when-an-appraiser-uses-strictly-foreclosed-properties-to-come-up-with-my-home-value/#comment-292 Because that is the nature of the worth of the homes in your area. The worth has dropped simply that is what it is. You may feel your home is worth more but the market does not support that at this time Because that is the nature of the worth of the homes in your area. The worth has dropped simply that is what it is. You may feel your home is worth more but the market does not support that at this time

]]> http://homesappraiser.com/2009/12/28/what-actions-can-be-taken-when-an-appraiser-uses-strictly-foreclosed-properties-to-come-up-with-my-home-value/comment-page-1/#comment-291 Daniel Mon, 28 Dec 2009 12:46:51 +0000 http://homesappraiser.com/2009/12/28/what-actions-can-be-taken-when-an-appraiser-uses-strictly-foreclosed-properties-to-come-up-with-my-home-value/#comment-291 Ask the bank or Lender have another appraisal done. It would be at your expense, but it may be worth the investment. The thing is they may tell you to jump off because the bank is trying to keep the values down so they are not the ones left holding the bag in the event you or others go into foreclosure and they must buy it back the less they have out the less they will have to eat if that should ever come to pass Ask the bank or Lender have another appraisal done. It would be at your expense, but it may be worth the investment. The thing is they may tell you to jump off because the bank is trying to keep the values down so they are not the ones left holding the bag in the event you or others go into foreclosure and they must buy it back the less they have out the less they will have to eat if that should ever come to pass

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