Real Estate Appraiser Specializing in Commercial Industrial Residential Income Land & Single Family Residential Properties Existing or Proposed Construction Estate & Gift Tax Conservation Easements Partial Values Fractional Interests Former Senior Appraiser United States Treasury Department IRS Large Business and International Division California General Certified Real Estate Appraiser FHA Approved

Michael F. Ford #AG002512

 

APPRAISER HORROR STORIES II

Automated Valuation Models (AVMís); A False Promise, or Professional Appraiser Warnings Ignored as Early as 2001; Long Before the Real Estate Bubble Burst, and the Current National Economic Disaster.

The following pages are a reprint of public domain articles and blogs from the http://Appraisercentral.com/AVMS1.htm web site.

Had any of these warnings been taken seriously, the entire real estate collapse could have been avoided.

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