Through the Appraiser's Eyes

You know how an appraiser can tell when the interest rates go down, A serge of business that's how. For months banks would not lower their rates because they are afraid to lend. Even though part of the reason for the Government bailout was so lender's would start to lend again, it just didn't happen. Well I guess through some divine intervention rates have dropped.

Over the past year I have joined many AMC's ( appraisal management companies) They are national companies that work with some of the largest lenders like Bank of America or Wells Fargo. Even with all these companies things can be slow, however if I get an order here and there from these companies they can add up do a decent month. When things however happen such as rates going down, even just a little, then we get busier.

Now I am not saying that's a bad thing, but it just goes to show you that it doesn't take much for things to pick up. And when we are all dealing with these challenging times any surge of business sure makes it all start to seem worth it.

The appraiser