Should We Be Worried About Pre-foreclosures, Short Sales, and REOs?

Today on the Appraisal Buzzcast, host Hal Humphreys has a chance to speak with Pam Teel. Pam is the Owner of Teel Consulting Services, an AQB-Certified USPAP Instructor, and a real estate appraisal consultant, mentor, and instructor. In this episode, we chat about foreclosures, short sales, and more. The market has been hot for a long time, but as the time on market has increased recently, we are seeing prices come down. Now is the time for appraisers to make sure they can handle pre-foreclosures, short sales, and REOs. Pam gives us some of her insight into these various situations, as well as how to handle extraordinary assumptions.Join Pam Teel for her appraiser CE course on The Life of an Appraisal (4hr CE), on Friday, February 23rd. Learn more or register here: https://appraiserelearning.com/product/the-life-of-an-appraisal-what-happens-next-live-zoom-class-friday-february-23rd/At The Appraisal Buzzcast, we host weekly episodes with leaders and experts in the appraisal industry about current events and relevant topics in our field. Subscribe and turn on notifications to catch our episode premieres every Wednesday!At The Appraisal Buzzcast, we host weekly episodes with leaders and experts in the appraisal industry about current events and relevant topics in our field. Subscribe and turn on notifications to catch our episode premieres every Wednesday!You can find the video version of this podcast at http://www.youtube.com/@TheAppraisalBuzzcast or head to https://appraisalbuzz.com for our breaking news and written articles.