LandThink

On Thursday, May 6th, the Dow Jones Industrial Average fell almost 1,000 points, a little more than nine percent, in 16 minutes, and no one knows why.

Appraisers are being punched up in the courts and the press for not always providing honest real-estate valuations. What’s going on? What exactly do appraisers do? An appraiser forms an opinion of a property’s current Fair Market Value (FMV) by judging its attributes in relation to recent selling prices of nearby comparable properties.