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re: Are houses appraising in accordance with the inflated sales price?

Posted on 7/28/21 at 1:14 am to
Posted by Wishnitwas1998
where TN, MS, and AL meet
Member since Oct 2010
58418 posts
Posted on 7/28/21 at 1:14 am to
quote:

Just completed an appraisal for ours in Nashville. The number matched the current sales prices.


In a lot of these situations where a bank is getting the appraisals for a mortgage or even business loan the appraisal is nothing more than a rubber stamp

I literally had an appraiser call me and ask me what it should say just a few months ago
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