[pct-l] Inflated home appraisals

[Richard Woods]

In the Wall Street Journal Friday edition, there was an article about  
homeowners paying the piper for the recent trend for home appraisers  
to inflate the value of a home, on the average by as much as 10% too  
high. Real estate brokers and mortgage lenders will make more money  
if home values are higher, and tend to hire appraisers who are  
willing to skew the value up. So I'm skeptical about the factors you  
used the describe the PCT. The sections of the trail I've seen  
couldn't be much more than two feet average or maybe 2.5 feet at  
most! So there you go, overstating the size by more than 10%! (very  
large grin).
It's hell bein' Trail Trash, ain't it!
Rick

On Jul 23, 2006, at 10:00 AM, pct-l-request at backcountry.net wrote:

If your home is 2,600 miles long and 3 feet wide, how many square  
feet is that?

Bigger than my 720 sq ft trailer.

Carolyn Eddy
"Sweet Goat Mama"
www.goattracksmagazine.com