http://www.realestateappraisertips.info/ - Real Estate Appraiser Tips: Appraisers: Question What You See On ThinkBigWorkSmall.com Daily Video Updates.
There’s a new Real Estate Video Updates Site available called ThinkBigWorkSmall.com. Their videos deal with real appraiser issues such as lenders, AMC’s, HVCC, FHA, etc.. For the most part, their videos are hilarious and informative. I was hooked immediately at first to them until yesterday’s VIDEO POST called, “You Won’t Believe It! AMC’s Doing Mortgage Loans! What The! 01.28.10″.
In this video, “the guys” claim that Coester Appraisal Group is setting up shop to make mortgage loans while acting as an AMC. Specifically, they claim that Coester Appraisal Group (AMC) will be doing mortgage loans and/or mortgage loan referrals and 
quoted “When reviewing our clients needs, we often uncover other areas where we can add value.” I immediately emailed Brian Coester about this and Brian’s reply at 2:47pm on 1/28/10 was, “No, it’s all totally false”.
Coester Appraisal Group also issued this to the guys:
“Email Response From Coester Appraisal Company
Thank you for reaching out for clarification regarding the HousingWire
article. The video entitled “You Won’t Believe It! AMC Doing Mort. Loans!
What the?!? 01.28.10″ seemed to reflect a misunderstanding of the nature of the transaction. We would like to clarify.
1. Coester Appraisal Group is not entering the lending space
2. Jaymes Financial is not a lender. Jaymes Financial is a secondary
marketing/capital markets advisor (not a principal).
The warehouse lines that were secured by Coester Appraisal Group’s client“
The strange thing is that on their 01/29/2010, the guys issued no apology, but did include a poll right under Coester Appraisal Group’s reply of “Have You Ever Made A Social Media Blunder?”. Is this the guys way of saying we messed up? Not sure!
So, while their videos are entertaining and mostly informative on appraiser related issues, and helpful sometimes in seeing the BIG PICTURE on trends, don’t believe everything “the guys” state without performing your own due diligence first! Responsible journalism also falls into the category of blogging, bloggers and video blogging as well! Remember to get your facts straight before clicking the “submit” button.
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