Appraisal Scope

Since Thanksgiving Weekend, we have been backlogged with appraisal orders.  In this feast or famine industry, we went from being what amounted to part-time employees to literally working around the clock and still not keeping up with demand.  It's just today that we are on track again.  We definitely want to thank our long time clients for their patience during this period of longer turn times and scheduling conflicts. 

We also want to assure you that we have taken steps to keep turn times lower, regardless of future volume.  If the craziness comes back, we are more prepared with software and hardware solutions as well as additional office staff, and work flow procedures so as to avoid the delays that occurred over the past two months. 

So this morning, still used to a 4 a.m. start time, I came to work and realized the pressure was off a little and so I opened Bloomberg to find that clearly I had missed something over the past two months.  Bailout programs totaling $9.7 Trillion?  I was having a hard enough time with the concept of $800 billion times two.  So why had I not heard about the rest?  It is of course tied to lending and housing, and is very worth the read:

Bloomberg:  U.S. Taxpayers Risk $9.7 Trillion on Bailout Programs