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Dodd/Turner Style Weekly Article 6/11

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Good concise article, hope next time we can get it into RTD. Thanks George and Mr. Turner. Bauger (a good guy) but in his own office only imho!

http://www.styleweekly.com/article.asp?idarticle=17164



Unappraised

Predatory lenders get most of the blame for the housing bust, but there were accomplices: real estate appraisers.
by Diane York


For real estate appraiser George Dodd, the brick rancher in Chestnut Hill, a subdivision in Chesterfield County, was not unlike thousands he’d seen before. About 1,200 square feet with three bathrooms and one and a half baths, built in the 1970s. Several home sales nearby — in a typical cookie-cutter subdivision — from which to draw comparisons. Came in about $150,000, remembers Dodd. He sent the appraisal to the lender and went on to the next job.

read more click link above

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Last edited:

Carnivore

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Jan 15, 2002
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Certified Residential Appraiser
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North Carolina
conser

You have the link OK, now put a statment: Posted under fair use

then shorten the article you posted to maybe just one paragraph and you will be compliance with copyright.

otherwise a moderator has to do this for you or remove the intire post.
 
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