Comments on: Good Appraisers Lived That Hell Too https://appraisersblogs.com/good-appraisers-lumped-in-with-bad-appraisers-who-are-long-gone/ Appraisal News and Tips for Real Estate Appraisers Mon, 17 Aug 2026 02:53:32 +0000 hourly 1 https://wordpress.org/?v=7.0.4 By: Scott Taylor on Facebook https://appraisersblogs.com/good-appraisers-lumped-in-with-bad-appraisers-who-are-long-gone/#comment-30340 Sun, 16 Aug 2020 03:54:54 +0000 https://appraisersblogs.com/?p=24263#comment-30340 In 2007 Washington mutual kicked me off their list as I would not make time adjustments of 1 to 2% PER MONTH for a new construction townhouse development in Miramar FL. They said that unit sold six months ago for $200,000, it is worth $212-$215k now. That was a crazy time. Glad it is over and hope we have all learned from it. However, appraisers are still viewed as just a nuisance in the entire lending process by the vast majority of all involved.

]]> By: don https://appraisersblogs.com/good-appraisers-lumped-in-with-bad-appraisers-who-are-long-gone/#comment-30338 Fri, 14 Aug 2020 19:46:12 +0000 https://appraisersblogs.com/?p=24263#comment-30338 The market failed in late 1958, then again in 1965, then again 1999, then again.

Some of the months between 2003 and; 2005 were inflating at 4% per month, some of the months after 2010 were declining at 4% per month.

Exciting times BUT that’s what the Market was doing in my territory, and I considered my work proper and legitimate.

I remember reporting on a tract house under construction that the proposed 95% loan could be closed as a 80% loan on completion. Buyers were bidding up the prices when the builders opened.

Then Again later foreclosures dominated, and values changed again, and then again interest rates changed the market again, and then again???

But a bunch of us remained proud of our work, or mostly so.

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