Statewide in TX - Simultaneous Closings - Posted by ChuckP

Posted by Michael Morrongiello on March 30, 2000 at 18:53:45:

Chuck:
I cannot speak for Statewide.

However When a note funder including myself looks at a deal and has an appraisal ordered to confirm or determine value we ask for an independent objective opinion of value.

Michael Morrongiello

Statewide in TX - Simultaneous Closings - Posted by ChuckP

Posted by ChuckP on March 30, 2000 at 14:47:45:

Does anybody have experience with Statewide table funding (aka simultaneous closings) owner financed notes?

Generally, do their appraisers err on the side of being conservative?

Thanks,
Chuck