With the significant problems reported by the National Association of Realtors is amazing there is not more outrage regarding the handling of appraisal reports by Streetlinks National Appraisla Company, PCV Murcore and Servicelink. Homeowners and investors don't fully understand the issues involved with these appraisla management companies under the Frank/Dodd Financial Refore Act. Nothing can or will be done under this act, one might prepare to capitalize on the opportunity to purchase distress property in 2012. Values will continue to correct for several more years as evidenced by the National Association of Realtors. One could do will by creating an exchange traded fund (ETF) based on the damage which will be reflected in the real estate market. Perhaps the 30% drop in home prices in Rancho Santa Fe is not significant, the colapse in Chula Vista, California is close to 50% since the height of the market. Need I say more?
Certified Mortgage Planning Specialist
Encinitas, California
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