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Blaming Appraisers

April 30, 1989

Mr. Bruss, give the public some facts. How many of the recent savings and loan and bank failures were caused by bad appraisals? I do not deny that there are bad appraisers who do not do their homework. But there also are newspaper writers that bury their heads in the sand rather than being objective.

MONTE D. DAMMARELL

Laguna Hills

Dammarell is president of a real estate appraisal firm.

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