Frank Gregoire On An Appraisers View of HVCC, Sub-prime, The market and more

http://www.realestateappraisertips.info/  -  Frank Gregoire On An Appraisers View of HVCC, Sub-prime, The market and more

Dennis Norman with Real Estate Investors Daily Blog has published an interesting interview with Frank Gregoire.  Frank Gregoire has been licensed in real estate since 1976 and involved in real estate appraisal since 1977.  He has experience as an instructor of Real Estate License Law, Real Estate Brokerage and Real Estate Appraisal for St. Petersburg College as well as several private Real Estate Schools. 

The link is at: http://realestateinvestordaily.com/?p=790 

A short snippet from the interview includes:

“An appraiser is engaged to ferret out such transactions.  If the appraiser is acting professionally, and doing their job properly, these fraudulent sales stand out like a sore thumb and should not be included as comparable sales.  Unfortunately, it takes only a few appraiser involved in a number of appraisal assignments to allow the schemes to be successful.  The wreckage resulting from their negligence is apparent all over the country, particularly here in the Sunshine State.”

Be sure to check out Dennis and Frank’s Blogs, link are above. 

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