Purchase Price, Renovations Matter Little To Appraisers

[Julio E. Sune Jr. (FL)]

http://www.miami.com/mld/miamiherald/livin...ome/4910673.htm

 

[Pamela Crowley (Florida)]

Wow. Thanks Julio!

Julie did a pretty good job on that one, as a Realtor and columnist. I'm very pleasantly surprised and will send her an email to say Thank You.

There is some I would have liked worded just a little nicer, but I'll take any media attention that's true!!!!!

 

[airphoto]

Was a rather well-written piece .. and any more detail would've discouraged the average intelligence from comprehending it ..

 

[Pamela Crowley (Florida)]

Maybe, just maybe... The Miami Herald would do something more.

I attempted to send this to them but had trouble getting it to send so I sent it directly to the managing editor at mseibel@herald.com
The more emails he receives about this, the more likely something will be done!!!!!

********************************

Regarding the following referenced article:

Posted on Sun, Jan. 12, 2003

JULIE GARTON-GOOD, Frugal Homeowner
Purchase price, renovations matter little to appraisers

----------------------------

I would like to congratulate both Ms. Julie Garton-Good and The Miami Herald for FINALLY publishing something - (anything!) that is true and positive about any Real Estate Appraiser! As with all professions, there are good and bad members and the press rarely published anything about the good ones. When it comes to Real Estate Appraisers, the vast majority of people outside of the Appraisal profession have no idea what a good Appraiser does other than measure and walk through a house, which is what I call the fun and easy 10% of the Appraisal and Report process.

I hope the Miami Herald will publish more regarding this issue - for the general public's protection and information. For more information highly pertinent to how important a truly unbiased Real Estate Appraisal by a competent and ethical Appraiser is, please see:

http://appraiserspetition.com/

and:

http://appraisersforum.com/

The fraud involved in Real Estate is mainly due to the pressures placed upon Appraisers and the lack of teeth the Florida Real Estate Appraisal Board (FREAB) has in being able to deny some Appraiser trainees a license and to control the supervisory Appraisers that are sending incompentent and even unlicensed people into the field to do Appraisals. The FREAB members and staff are one of the best boards out of all our US States and is continually frustrated by their lack of rule making authority that would make it easier for them to stop some of what is happening.

There are many Appraisers involved with the above links that would be ready, willing, and excited to help if you were to choose to do a series of articles on how mortgage borrowers and buyers and sellers of real estate should and could protect themselves from fraud.

If you could send someone to observe the FREAB your eyes would be opened. The next meeting is Tuesday, Feb 04, 2003, 8:30 am at the FREAB offices in downtown Orlando.

Thank you again!

Pamela E. Crowley
St. Cert. Res. REA RD3158

 

[Bemis Pownall]

Think Ill print that for reference and send/fax to LOs when things get wacked..

Thanks

:icecream:

 

[Mike Simpson]

Pamela-

Excellent letter--thank you!!!

I'll write later--I'm having trouble finding time...I'm addicted to the darn Forum again!

I've actually considered writing book with a title something along the lines of Buyer Beware. With my experience in home construction, home inspection, pest control, appraisal, and real estate sales I believe I may have a lot of advice to offer.

Thanks again!

-Mike