I have a dumb question that I'd like to hear you guys' opinion.
I noticed the following facts (at least in N. Cal.):
1. There are a lot of refianance business now because of the low rate
2. There are more than a lot of new appraisers (like myself) start doing appraisal
3. Some banks either waive appraisal or use online appraisal for some loans
4. Low rate refiance won't last forever
So what's the future (3 to 5 years) of appraisal business? I'm a little worried because I just started learning. What if I get my license 2 years later then find out this business is no good? Do you think it may happen?
Thanks.
I noticed the following facts (at least in N. Cal.):
1. There are a lot of refianance business now because of the low rate
2. There are more than a lot of new appraisers (like myself) start doing appraisal
3. Some banks either waive appraisal or use online appraisal for some loans
4. Low rate refiance won't last forever
So what's the future (3 to 5 years) of appraisal business? I'm a little worried because I just started learning. What if I get my license 2 years later then find out this business is no good? Do you think it may happen?
Thanks.