- Sep 28, 2003
- Professional Status
- Certified Residential Appraiser
- New York
Why did he not mention the fact that some appraisers manipulate the data in order to hit the magic number or ignore the six sales in the subdivision and go three miles away in order to support the value needed.
This would still be the fault of the lender for accepting such an appraisal. I believe that scenario occurs very rarely.