Quote:
Originally Posted by Sly
But but but, I thought it was all the banks fault!
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one thing that's been terribly overlooked in the real estate and housing market collapse is the local property appraisers responsibility to accurately assess a home or properties value. having been a Florida mortgage broker i saw first hand a hyperinflation that was ultimately too big for anyone to imagine while it happened. i bought my first house in Jan. of '98 for 73 grand. house lot package. and just 5 years later the vacant lot next to my house sold for 64k....no house, no site prep. vacant land. someone in the county appraisers office should not have allowed that to happen.