Breakfast Seminar: “The Impact of the Appraisal Process on New Home Sales

"The Impact of the Appraisal Process on New Home Sales"

Sponsored by the 2009 BLSJ Grand Sponsors

MODERATOR: Wayne Norris, Hanley Wood Market Intelligence
Regional Sales Director

Wednesday, December 16, 2009
Continental Breakfast: 8:30-9:00 a.m. / Program: 9:00 a.m.
Cost: $25.00 (Advance) $35.00 (At the Door or Non-members)
LOCATION: Mansion on Main Street - Plaza 3000, Main Street Voorhees, NJ

Lately, mortgage brokers, builders, real estate agents and others in the housing business have been complaining about unfair appraisals. If you want to know why, then you can’t afford to miss this informative breakfast seminar. Hear from the areas leading appraisers, bankers & local and national builders how their business is affected by the current appraisal situation.

Are builders losing deals because homes are not appraising?
Are buyers needing to bring additional $$ to the table due to last minute reduced appraisals? How are builders balancing reduced pricing with keeping home values up? (Smaller models, subtle incentives….)
Get the perspective from all sides of the table...

Local Housing overview - Wayne Norris, Hanley Wood Market Intelligence
Hanley Wood Market Intelligence’s Market Dashboard and Market Forecast report for Philadelphia MSA free ($175 value)

Appraiser Presenters: Edward T. Molinari, SRA &
Michael S. Sapio, MAI - NorthStar Appraisal Company
Banker Panelist: Jack Gangluff, Columbia Bank
Builder Panelist:  Chris Gillen, Beazer Homes
Question & Answer discussion