InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Annual Reunion Speaking Schedule Store Foreclosure Fundamentals Code References 50 State Foreclosure Basics Foreclosure Glossary Foreclosure Statistics 70+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map About Us Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Reduced appraisals by AMC's and review appraisers Posted by BrianH on May 04, 2010 at 1:41 PM In Reply to: Reduced appraisals by AMC's and review appraisers posted by Bob (CA) on May 03, 2010 at 8:46 PM Sounds like you pay to much for your properties. Appraisal problems on a consistent basis COULD mean that your FMV assumptions are high which means your purchase price will be to high. I scratch my head each day with what I see "investors" prices on the MLS in my area after a rehab. Granite and landscape doesn't automatically add 25k to the value of a home. Follow Ups: Re: Reduced appraisals by AMC's and review appraisers Bob (CA) 9:42 PM, 05/05/10 (1) Re: Reduced appraisals by AMC's and review appraisers BrianH 9:19 PM, 05/06/10 (0) Re: Reduced appraisals by AMC's and review appraisers Nick 10:09 PM, 05/04/10 (4) Re: Reduced appraisals by AMC's and review appraisers jr 7:35 AM, 05/05/10 (3) Re: Reduced appraisals by AMC's and review appraisers Nick 10:10 AM, 05/05/10 (2) Re: Reduced appraisals by AMC's and review appraisers jr 10:51 AM, 05/05/10 (1) Re: Reduced appraisals by AMC's and review appraisers Nick 2:10 AM, 05/06/10 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Sounds like you pay to much for your properties. : Appraisal problems on a consistent basis COULD mean that your FMV assumptions are high which means your purchase price will be to high. I scratch my head each day with what I see "investors" prices on the MLS in my area after a rehab. Granite and landscape doesn't automatically add 25k to the value of a home. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.

Copyright © 1997-date("Y"), InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455