Madera International - Symbol WOOD Message Board

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Microcap & Penny Stocks : Madera International - Symbol WOOD

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To: Proletariat who wrote (735)	1/24/1999 3:30:00 PM
From: Denison Jr	Read Replies (1) of 1979

Let's remember that an appraisal is an estimate... ...all depends on WHO is doing the ground work. I am now involved in a condemnation case that involves a state agency to acquire land through eminent domain. Without giving details on our case, appraisals on property can vary like night and day. I've seen a piece of property appraised at $100,000, case went to court and the land owner was awarded $1,700,000 (appraiser vs appraiser). Not always the case mind you, but I think you get my point. An appraisal vs open market sale is not always the same, ask any realtor. Denison Jr.

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