The Traderszone Network

Published in TZ Latest News 3 December, 2014 by The TZ Newswire Staff

Housing Fraud is Back – Real Estate Industry Intentionally Inflating Home Appraisals

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

Almost 40% of appraisers surveyed from Sept. 15 through Nov. 7 reported experiencing pressure to inflate values, according to Allterra Group LLC, a for-profit appraiser-advocacy firm based in Salisbury, Md. That figure was 37% in the survey for the previous year.

 

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