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appraisal institute
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CHICAGO, July 14, 2011 /PRNewswire-USNewswire/ -- Testifying before a Congressional subcommittee, the Appraisal Institute's president-elect on Wednesday told lawmakers their intent was "right on target" and asked them to "guide the regulators' aim" in implementing consumer-friendly real estate appraisal guidelines. (Logo: http://photos.prnewswire.com/prnh/20110419/DC85313LOGO)
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To: BUSINESS EDITORS Contact: Bill Garber of Appraisal Institute, +1-202-298-5586, bgarber@appraisalinstitute.org
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To: REAL ESTATE EDITORS Contact: Ken Chitester, Director of Communications of the Appraisal Institute, +1-312-335-4290 (office), +1-312-351-2818 (cell), kchitester@appraisalinstitute.org
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CHICAGO, May 10 /PRNewswire-USNewswire/ -- Homeowners looking to upgrade or sell their home this spring should realize that not all remodeling and renovation projects will yield a full return on their investment, the president of the Appraisal Institute said today. The Appraisal Institute is the nation's largest organization of real estate appraisers. When it comes to home improvement projects, especially in today's economy, not every renovation or remodeling effort will pay off when the owner sells their home," said Appraisal Institute President Leslie Sellers, MAI, SRA. "Consumers need to be aware that cost does not necessarily equal value.
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CHICAGO, May 17 /PRNewswire-USNewswire/ -- In order to regain investors' trust, America must end the "wild west" attitude that has plagued its real estate financing, Appraisal Institute President Leslie Sellers, MAI, SRA, told a Congressional subcommittee today. Based on my discussions with government officials, investors and borrowers throughout the world, there is a striking concern that we conduct real estate financing with a 'wild west' attitude," Sellers said. "The United States has lost credibility as the financial leader of the world. Clearly, if we are going to retain and attract new investment, we must earn back the trust of investors.
