Real Estate Finance (Appraisers Edition) – Walt Huber & Levin Messick
It’s saturday! That means it’s time for Burbed’s book of the week!
Real Estate Finance (Appraisers Edition) (Paperback)
~ Walt Huber & Levin Messick (Author)
$59.50 & this item ships for FREE with Super Saver Shipping. Details
This strikes me as a slightly silly book. Why would an appraiser need a book on real estate finance in California. It’s simple: prices always go up. Just add 5% to 8% at a minimum to last year’s value. Heck, it could be summarized into a formula:
Current House Price = House Price in Year Y x (1.08)^(This year-Y)
Boom! Instant time saver!
Now, sure you could use statistics, modeling, and finance, but for what reason? To use data and all that sort of silliness? Nah, forget about! Prices come from the gut – everyone knows that.
Could someone buy this book and let us know if it covers key topics? Such as when to add “888” to the price? Or to take your gobs of money and re-invest it into other California real estate? Or how we can finally beat Manhattan? Now those would be time savers!
Here’s a another time saver! Click this link to learn more about donating to this site’s hosting costs! 
March 13th, 2010 at 11:06 am
WTF
http://sfbay.craigslist.org/pen/reb/1640301290.html
It should be “WHY BUY WHEN YOU CAN RENT?!!!”
HOA $642 and $500K for a 1-BR 913 sq ft condo? LOL
March 13th, 2010 at 1:43 pm
Now, sure you could use statistics, modeling, and finance, but for what reason? To use data and all that sort of silliness? Nah, forget about! Prices come from the gut – everyone knows that.
Wow, you learned that from our #1 “helper” didn’t you?
March 13th, 2010 at 10:22 pm
At least Burbed should have given credit to “helper” by mentioning his name.