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 (AVM’s); 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.