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Old 11-24-2007, 03:45 PM
 
Location: Mokelumne Hill, CA & El Pescadero, BCS MX.
6,957 posts, read 22,303,611 times
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It's legit so far as it goes. Sounds to me like a Brokers Professional Opinion (BPO) outfit. Not really doing "appraisals" just estimates of value. Now that I think of it, lot's of re-fi's were done in the past based on BPO's, part of what's wrong with the finance markets IMHO
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Old 11-26-2007, 04:22 PM
 
9,848 posts, read 30,277,957 times
Reputation: 10516
Thank you to all of you who responded. I have given too much rep out to give you all a point right now but will do so when I can. I really appreciate the feedback. After thinking it over, I think it is a lot of work for just $35. Besides...I really don't want to contribute to a less than desireable appraisal practice. This "out of town appraiser thing" sounds a bit shady to me. I think I will pass on this one. Thanks for the input!
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