Appraisals in an Overheated Market
Special guest, appraisal guru Melanie McLane discusses appraisals in an overheated market:
When the comps aren’t there - what happens?
When the market is moving quickly, what can an appraiser do?
How should buyers be advised if going over listed price may mean the property will not appraise?
What will happen when this ends (and it will)?