Appraising the appraisal and looking forward into 2012 – Market volatile or stable?

Well here we are in 2012 back to the day-to-day deadlines, but busy and growing in a variety of different business sectors. I recently attended a day long course entitled Appraising the Appraisal, which in some respect has precipitated this article. The primary point being is that we are now entering a more complex appraisal environment based on the additional scrutiny and review of each submitted appraisal. Most institutions now require third party reviews on all commercial appraisals over $500,000. Whether this third party review is completed internally or externally, the submitted reports now have another layer of review that will result in a...

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