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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (49275)1/9/2006 7:54:05 PM
From: Ramsey Su  Respond to of 110194
 
I don't think that was the common practice here, at least that not the case during the period when I was in the business.



To: Broken_Clock who wrote (49275)1/9/2006 10:06:14 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 110194
 
>>>it's my personal experience that 95% of appraisals won't get done w/o a copy of the sales contract.<<<

Any idea how appraisals are running for estate tax purposes? It would be interesting to see how appraisals done for estate inheritance taxes run vs home mortgage applications. Customer wants a high number for first type and a low number for the second type to avoid taxes.

I think that would be a very very interesting comparison.

Good Luck,

Lee