Sentences with phrase «appraisers on a single property»

Even an appraiser (I worked as an appraiser / candidate for five plus years) can not do anything but give an opinion of value; get three appraisals from three different appraisers on a single property, and short of collusion, one will likely get three different opinions of value.

Not exact matches

Any three appraisers conducting appraisals on a single subject property most always arrive at different values for said property.

Bob Murphy, Fannie Mae's director of property valuation and eligibility, single - family credit risk, underwriting, pricing and capital markets, was on hand to explain how the mortgage giant is using a new tool called Collateral Underwriter to evaluate the work of appraisers.