Did20appraisers20juice20Florida20real-estate20market3F20–20OrlandoSentinel.com

Did20appraisers20juice20Florida20real-estate20market3F20–20OrlandoSentinel.com
Almost20every20street20has20one3A20a20vacant20house20that20sold20a20couple20of20years20ago20for20a20jaw-dropping20price.20It20could20be20another20example20of20appraiser-inflation20during20the20overheated20housing20market2C20which20saw20property20values20soar20tens20of20thousands20of20dollars20with20each20sale.0D0A0D0AAppraisers20so20commonly20pumped20up20house20values20to20meet20demands20of20developers2C20real-estate20agents20and20lenders20that20complaints20against20them20tripled20in20Florida20in20recent20years20–20the20largest20complaint20increase20for20any20profession20regulated20by20the20state.0D0A0D0AFrank20Gregoire2C20former20chairman20of20the20Florida20Real20Estate20Appraisal20Board2C20said20most20appraisers20are20honest20but20some20succumb20to20pressure20from20lenders20who20want20higher20appraisals.0D0A0D0A22Im20not20alone.20Plenty20of20appraisers20want20a20light20shined20on20this2C2220said20Gregoire2C20who20owns20an20appraisal20company20in20Pinellas20County20and20is20campaigning20to20become20Pinellas20property20appraiser.2022Consumers20need20to20know20about20what20they20are20buying20and20the20devastating20effects20of20this20on20their20neighborhoods.22