CVal
Sophomore Member
- Joined
- Jan 17, 2017
- Professional Status
- Certified General Appraiser
- State
- Illinois
Hello,
I was wondering what some of you in Illinois are experiencing in the current market. I'm seeing quite a few over-sold properties, multi-offer situations. Any similar experiences?
Busy or slow? I've been rather slow. Initially thinking that the refi market would carry me, but I recently discovered that one of my clients is getting a high percentage of "appraisal waivers", so no appraisal needed for many transactions. Another client is a community bank and said that PPP applications hit them hard. Anyone else similar?
Thanks for any responses.
I was wondering what some of you in Illinois are experiencing in the current market. I'm seeing quite a few over-sold properties, multi-offer situations. Any similar experiences?
Busy or slow? I've been rather slow. Initially thinking that the refi market would carry me, but I recently discovered that one of my clients is getting a high percentage of "appraisal waivers", so no appraisal needed for many transactions. Another client is a community bank and said that PPP applications hit them hard. Anyone else similar?
Thanks for any responses.