Greg Bell
Senior Member
- Joined
- Jul 7, 2006
- Professional Status
- Gvmt Agency, FNMA, HUD, VA etc.
- State
- Louisiana
Big jump in the 1930's...Maybe will be again..
The Premier Online Community for Real Estate Appraisers!
-
Welcome to AppraisersForum.com, the premier online
community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.
July Anyone?
- Thread starter Wolverinefan
- Start date
- Status
CCAAMO
Senior Member
- Joined
- Sep 17, 2007
- Professional Status
- Certified General Appraiser
- State
- California
I've had a lot of orders for divorces over the past 2 months but many have been on going for two up to five years. I have appraised many of them several times over the years as the court dates get rescheduled.
Although I am sure divorces are way up due to the state of the economy (financial problems is the number one cause of divorce), with most homes either upside down, or with no or little equity, it may still not translate into an increase in appraisals ordered since it would be a waste of money if the home has no equity.
Although I am sure divorces are way up due to the state of the economy (financial problems is the number one cause of divorce), with most homes either upside down, or with no or little equity, it may still not translate into an increase in appraisals ordered since it would be a waste of money if the home has no equity.
bryanknowlton
Junior Member
- Joined
- Jan 12, 2005
- Professional Status
- Certified Residential Appraiser
- State
- California
I have been semi busy with REO work, a few divorces, 3 FHA purchases and 2 other refi's. Not too bad. But if it dries up any more I am worried. Being a positive kinda guy, I just think that purchase transactions are only going to pick up. The san diego foreclosure market is insane right now, there is tons of $$$ to be made. I have seen a rise in divorces as well and have began targeting these transactions.
- Status