Comments on: Coconut Grove Is Hit Hard By Appraisals

By: C. Grover

C. Grover — Tue, 14 Jul 2009 01:51:17 +0000

I couldn’t agree more with “Buyer”. I’ve been living in the Grove for the past three years and while the rest of the real estate world has collapsed the Grove (mainly its houses) thinks it’s invulnerable to the market. Prices haven’t come down anywhere near to where they should be. A house that is worth $350K is still selling for $650,000!!! This is precisely why the real estate market is taking so long to recover, because of scumbags like you that want to meet to try & “work” with an appraisal. Hopefully these appraisers won’t fall for the same tricks that got us into this mess to begin with and will you real estate agents/scumbags the importance you deserve, which is none!!!

By: Vicki l Miamirealestatecafe.com

Vicki l Miamirealestatecafe.com — Fri, 10 Jul 2009 10:42:03 +0000

So well said! A number of our recent Miami home sales were outsourced by the lenders, to ‘professionals’ from WELL outside Miami-Dade, for appraisal. (Then, those appraisals were FURTHER outsourced, for review.) When appraisers are not local, it’s almost essential that the realtor provide comps and work closely with the appraiser so the property can be assessed correctly. Vicki

By: Buyer

Buyer — Thu, 09 Jul 2009 03:36:53 +0000

I am sorry but this is the biggest BS article because this is the exact reason why we are in a real estate crisis right now. I have looked at a bunch of houses in the Coconut Grove and Coral Gables area, and to be honest most are dumps and need a lot of work and should be selling for half the price. Going back to 2004 prices is not sufficient. That was at the height of the fraud that most of you Realtors perpetrated and encouraged. The prices I see are currently 50% overvalued and scamming the appraisal process to artificially inflate the price of a home is just that “FRAUD”

By: Buyer

Buyer — Thu, 09 Jul 2009 03:34:35 +0000

I am sorry but this is the biggest BS article because this is the exact reason why we are in a real estate crisis right now. I have looked at a bunch of houses in the Coconut Grove and Coral Gables area and to be honest most are dumps and need a lot of work and should be selling for half the price. Going back to 2004 prices is not sufficient that was at the height of the fraud that most of you Realtor perpetrated and encouraged. The prices I see are currently 50% overvalued and scamming the appraisal process to artificially inflate the price of a home is just that “FRAUD”

By: Claudia Riva

Claudia Riva — Wed, 08 Jul 2009 19:21:30 +0000

How true this is. Without a skilled realtor to get the deal complete, may deals are falling apart.