• 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.

Private sector looking for subprime deals

Status
Not open for further replies.

John Hassler

Thread Starter
Senior Member
Joined
Jul 23, 2002
Professional Status
Certified Residential Appraiser
State
California
Forbes.com article: Workout

"Persky’s firm, Dalton Investments, is raising as much as $1 billion from wealthy individuals and institutions to buy delinquent mortgages in troubled markets like Phoenix, Las Vegas and southern California. Persky figures he can pick up the distressed paper for 50 cents on the dollar."

I wonder if they could use an appraiser or two on the payroll?
 

Greg Bell

Senior Member
Joined
Jul 7, 2006
Professional Status
Gvmt Agency, FNMA, HUD, VA etc.
State
Louisiana
1 Billion will cover San Jose...then what??
 

Marcia Langley

Senior Member
Joined
Aug 26, 2005
Professional Status
Certified Residential Appraiser
State
Missouri
I think it is way too soon unless they can do a lot better than 50 cents.
 
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Top

AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock
No Thanks