Appraiser News
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Appraisal problem? We don't think so
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Monday, December 19, 2011
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The NAHB maintains that appraisal values for land and subdivisions under development have led some financial institutions to stop lending to developers and builders, and makes them a contributing factor to the acquisition, development and construction crisis. Everyone in the real estate industry would agree that it's time to turn things around, but the appraisal industry does not agree that there is an "appraisal issue."
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