The system is set up so that no one, but the whole is accountable... let me take that back. The system is set up so that no one is accountable, even the whole. Every one points finger to another. Its no body's responsibility, and every body's responsibility, yet there is no responsibility. A good place to start would be to start griling the appraiser as to how he came up with these figures. Maybe the listing agent or the lender or the seller made a suggestion to the appraiser as to what numbers it should come to, which should be illegal. Maybe the seller, the buyer, and the lender were conspiring... who knows what the story is... Either way, start moving up the ladder to see who was sleeping or overlooking, and where the money trail leads to.
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The system is set up so that no one, but the whole is accountable... let me take that back. The system is set up so that no one is accountable, even the whole. Every one points finger to another. Its no body's responsibility, and every body's responsibility, yet there is no responsibility. A good place to start would be to start griling the appraiser as to how he came up with these figures. Maybe the listing agent or the lender or the seller made a suggestion to the appraiser as to what numbers it should come to, which should be illegal. Maybe the seller, the buyer, and the lender were conspiring... who knows what the story is... Either way, start moving up the ladder to see who was sleeping or overlooking, and where the money trail leads to.
Jan 05 16:02 pm
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All Comments by xmplary »Little House on PIMCO’s Prairie [View article]