Quote:
Originally Posted by Mark17
Agree. I'd put it this way: When you refinance your home and get an appraisal, would it be legal and ethical to offer the appraiser a bonus if she comes in with a high appraisal?
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Mark,
It would certainly not be ethical. Not as sure about legality as it would likely vary by state, but can imagine it some type of fraud it they purposely inflated a valuation.