Giving appraiser 500$ for a higher a higher value?

Giving appraiser 500$ for a higher a higher value?

Member since 2019 · 224 posts · 10 votes

Does it work? What do you think about doing that?

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Developer · NY/NJ/PA · Member since 2018 · 758 posts · 935 votes
7y
Originally posted by @Account Closed:

Does it work? What do you think about doing that?

 It works great if your goal is to get arrested. 

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  • Attorney · Clifton, NJ · Member since 2015 · 1k+ posts · 328 votes
    7y

    @Jack Edward Johnson I wouldn’t personally pay an appraiser to inflate the value if that’s what you’re asking

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  • Developer · NY/NJ/PA · Member since 2018 · 758 posts · 935 votes
    7y
    Originally posted by @Account Closed:

    Does it work? What do you think about doing that?

     It works great if your goal is to get arrested. 

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  • Theresa HarrisPro Member
    Member since 2019 · 15k+ posts · 11k+ votes
    7y

    i'm with Syed.  Don't do it.  Plus he could report you and cause other problems.

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  • Chris MasonPro Member
    Moderator
    Lender · CA · Member since 2015 · 9k+ posts · 10k+ votes
    7y

    That's mortgage fraud. Also no one (smart) is going to risk their career for $500.

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  • Joe VilleneuvePro Member
    Plymouth, MI · Member since 2013 · 13k+ posts · 19k+ votes
    7y

    Your choice, but before you do it you have a decision to make.  Do you want to be arrested for bribery, or mortgage fraud?

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  • Real Estate Professional · West Palm Beach, FL · Member since 2012 · 23k+ posts · 13k+ votes
    7y

    We have a Vote button. 

    I’ve often thought we need a “dumb a$$” button....

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  • Realtor · Las Vegas, NV · Member since 2018 · 218 posts · 147 votes
    7y

    @Account Closed

    I'd seriously stop posting on this thread..  You never know who's watching and you've essentially brought up and are considering multiple crimes, lol

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  • Contractor · Oxford, MA · Member since 2018 · 807 posts · 745 votes
    7y

    This has to be a troll post, there is no way this is real

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  • Chris MasonPro Member
    Moderator
    Lender · CA · Member since 2015 · 9k+ posts · 10k+ votes
    7y
    Originally posted by @Account Closed:

    @Chris Mason what if the appraiser works for me? ( my team )

     Then the appraisal will not be deemed credible or usable by whatever entity is requiring it (lender, divorce court, probate, potential homebuyer with an IQ over 60, whatever).

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  • Real Estate Professional · West Palm Beach, FL · Member since 2012 · 23k+ posts · 13k+ votes
    7y

    We really need that button....

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  • Developer · NY/NJ/PA · Member since 2018 · 758 posts · 935 votes
    7y
    Originally posted by @Account Closed:

    @Chris Mason what if after buyong a home an appraiser says my house is worth 50k but its worth 100k can they get in trouble?

     You are a troll, a bad & stupid one at that. 

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  • Specialist · Paradise Valley, AZ · Member since 2018 · 3k+ posts · 2k+ votes
    7y
    Originally posted by @Joe Villeneuve:

    Your choice, but before you do it you have a decision to make.  Do you want to be arrested for bribery, or mortgage fraud?

     And they will add Wire fraud, filing false documents, tax fraud (when you take the tax write offs) and impersonating an intelligent human being.

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  • Specialist · Paradise Valley, AZ · Member since 2018 · 3k+ posts · 2k+ votes
    7y
    Originally posted by @Account Closed:

    Does it work? What do you think about doing that?

     Face it, you're down the wrong trail and have been voted off the island.

    EVERYTHING in mortgage lending has to be honest, without manipulation and disclosed to every party. I suppose if you signed an affidavit that you manipulated the value of the property by bribing an appraiser you'd at least be honest. Lol

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  • Joe VilleneuvePro Member
    Plymouth, MI · Member since 2013 · 13k+ posts · 19k+ votes
    7y

    @Account Closed I just read your Profile and I'm have to say that your stated goal of 3 years to $1M could happen...if that Lottery Ticket comes in.  However, if this is an indication of how you are thinking of conducting business, you may be spending that money from jail.

    I'm not trying to blast you out of the water.  I'm just telling you to Learn...not Burn.

    Appraisers have very strict regulations they must follow (and I've never heard of an Appraiser being an employee) for assessing properties.  You can protest an appraisal you think missed the mark, but you need to be able to back it up.  This doesn't mean "cherry picking" comps that work in your favor.

    The best way to make sure the appraisal comes back in your favor?  Do a good (great) job of analysis before you buy that property in the first place.

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  • Rental Property Investor · St. Petersburg, FL · Member since 2017 · 3k+ posts · 4k+ votes
    7y

    @Jack Edward Johnson seems the only one getting upset is you, yet you insist on everyone else calming down.

    If you had no intention of doing it, why post the question?

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  • Joe VilleneuvePro Member
    Plymouth, MI · Member since 2013 · 13k+ posts · 19k+ votes
    7y
    Originally posted by @Account Closed:

    @Joe Villeneuve it was just a question. I wont do it. Calm down

     I am calm....very calm,

    It was just an answer

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  • Joe VilleneuvePro Member
    Plymouth, MI · Member since 2013 · 13k+ posts · 19k+ votes
    7y
    Originally posted by @Jason D.:

    @Jack Edward Johnson seems the only one getting upset is you, yet you insist on everyone else calming down.

    If you had no intention of doing it, why post the question?

     Good points...both of them

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  • Johnson City, TN · Member since 2017 · 209 posts · 367 votes
    7y

    @Wayne Brooks if we had that button it would be worn out the first day. I also vote for a B.S. Button.

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  • Chris MasonPro Member
    Moderator
    Lender · CA · Member since 2015 · 9k+ posts · 10k+ votes
    7y

    Closing the thread. 

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