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re: Post flood real estate question

Posted on 9/13/16 at 5:42 pm to
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 9/13/16 at 5:42 pm to
quote:

And what are the appraisers doing in this dastardly masterminded collusion? collecting kickbacks


The dumbass. You are ate up with it.
Posted by cgrand
HAMMOND
Member since Oct 2009
50737 posts
Posted on 9/13/16 at 5:56 pm to
my parents own one of the handful of houses in woodland ridge that didnt flood...ive been begging them to put it on the market. they are retired and really need to get the hell out of baton rouge and go live it up

Posted by mark65mc
Baton Rouge
Member since Dec 2007
11552 posts
Posted on 9/13/16 at 6:00 pm to
Comparable sales set the appraised value. Without cash transactions or people who are willing to basically accept that the appraisal is not valid and pay the difference in cash, then the increase will be minimal in the short term and go up gradually as more sales occur. You can't justify a 20% increase in value without comparable sales to support that price.
Posted by Gorilla Ball
Az via La
Member since Feb 2006
13363 posts
Posted on 9/13/16 at 6:02 pm to
collecting kickbacks

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It's annoying when people don't understand the business make stupid remarks. Post less
Posted by Gorilla Ball
Az via La
Member since Feb 2006
13363 posts
Posted on 9/13/16 at 6:02 pm to
Exactly
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