You paid what for that Charlotte home?

August 6th, 2008 categories: Market Trends

Inflated Charlotte home values are a big part of the recent mortgage meltdown.

The good new is that vast majority of Charlotte home appraisers are professional and very good at what they do. In a recent AP article in the Charlotte Observer talks about the growing problems in the residential home appraisal area. Here is another recent article from the Charlotte Obsever’s Kenneth Harney about home appraisals  “Appraisers still feel pressure to inflate value of homes“

Bottom line #1 Use common sense “if it looks to good to be true it probably is” and #2 use a good  Charlotte Realtor, Realtors are trained and operate under a strict code of ethics to serve the customers need first!

This entry was posted on Wednesday, August 6th, 2008 at 9:22 am and is filed under Market Trends. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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