Houses, for tax purposes, are valued by appraisers on occasion.
Banks also obtain them when you apply for a loan.

I don't know what that computer you mentioned does or if it is actually used for a loan!

I know of no way your home could have increased in value that much in two years!

It is known now that appraisers were rigging values for banks up until 2007-08 by over appraising them. They wanted to make a loan even if the value wasn't there.

I think the law says appraisers are to use what similar homes sell for in the same area. Since few if any are now selling except foreclosures, I don't know what they are using.

They are appraising based on those foreclosures, while ignoring other sales in the area, causing the values to be so low that buyers can't get a loan. I know as my daughter has tried to purchase a home lately and had 3 fall thorough because of appraisal/bank issues. And under the new laws you have no recourse against the appraisers. So you spend money on appraisals and inspections only to be told that the house that's just like the one next door that sold for $110K 6 months ago, but in better shape, only appraises for $48K today. And you can't ask for a second opinion or any type mediation. So you're out $600 - $800. And this child can't afford it.

You hardly make sense!
Banks don't want to loan?

If they can't use foreclosure values, and they can't use selling values, what do they use? Bankers themselves used to know what property was worth! Now they are bean counters.

I guess maybe they want to make money on credit cards, fees, and special friends, hun?

Eveything is upside down right now. Since I bought my two years ago, my neighbor bought the house across the street for $300,000 and the neighbor next to me bought their house for $175,000 (foreclosure).

Where do you live, South Atlanta?

I live in the Flat Creek area.

Near the hospital, I assume.

Did you keep out the old folks homes there? Might have helped by now.

Wrong Flat Creek. I live near Flat Creek Trail in PTC. In Gulfview.

Is gulfview anywhere near oceanview?

I don't think so.

information about yourself. Even tho' it may seem unimportant at the time, there has been at least one incident where someone gathered much personal information from another blogger over time. Each time seemed harmless but when she got enough info together she contacted his employer and he lost job, insurance, etc. Now I do not think you have to worry about Bonkers, he would probably just come by and pester you to death--he or one of his 'others', but there may be other lurking who would do you harm because they do not share your views. Just a word to the wise.

Keep all info "close to the vest" just like bankers and developers do!

Try to outsmart someone.

No I wouldn't cause a job loss.

I have never seen anyone go off a subject like you do. What have bankers and developers got to do with someone on here using Matt's info to his detriment? I would say you were a complete a-- but there is nothing complete about you.including your thought process. Doesn't your little wifey have some chores for you to do to keep you occupied?

Thanks for looking out. I also take internet security seriously.