Editor’s Note: In this story, appraiser John Lifflander explains the roles played by the Feds, brokers/lenders and yes, appraisers, in getting us into the lending “meltdown.” The story is reprinted with permission from Fair and Equitable magazine, published by IAAO (International Association of Assessing Officers). Rise and Fall of Real Estate Values by John Lifflander,…
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Editor’s Note: The following is excerpted from a freewheeling online discussion among appraisers about AVMs. It makes for interesting reading: if you want to know about something – ask an expert. AVMs: Ask an Expert(s) Just what is “Value” Anyway? – Since accuracy is determined by sale price, how can an AVM not be the...…
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