I see there are a lot of reports of homes being over appraised. I live in upstate NY and they over valued my home by $60,000. They also "arranged" for a second mortgage with another company at the same time. I was desperate so I agreed. The interest rate was very high. When I lost my job and could not make the high payments they would not reduce the interest rate. I decided to sell my home. When the real estate appraised it for only $189,000 I was shocked. We could not sell it and they foreclosed.
Is there any one else in New York state who was ripped off?
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