VIDEO: A New Role for Appraisers
Thursday, April 16, 2009
Source: GlobeSt
GlobeSt reports: Appraisals aren't what they used to be. With pressure rising for greater regulatory scrutiny, credible valuation has become a lethal weapon in an adversarial market.
"Valuations and appraisals are being used today to determine who owns the asset -- to find out who's in charge with all the traunch wars going on" says Bob White, Real Capital Analytics founder.
Later, in this interview with John Salustri, Editorial Director at GlobeSt.com, White says about toxic assets, "We're tracking major commercial properties that fall into default or foreclosure... and what's alarming is how much of it is tertiary markets all over."
View the full article on GlobeSt: VIDEO: A New Role for Appraisers
Posted by: Nina Turner