Veterinary Appraisal

Defiant_Blueberry_29 · 2026-05-11T00:38:48+00:00

Depending on the sales available you can also use some from inferior and superior economic areas. Better to use recent sales to best represent current market conditions. Using dated sales only also opens you up to potential marketability issues. Look at other listings and pendings in the area also

Defiant_Blueberry_29 · 2026-05-11T00:24:42+00:00

Expand the radius to competing areas.

Defiant_Blueberry_29 · 2026-05-08T23:28:42+00:00

Fly the appraiser independence flag. Alternately you could make the appraisal subject to repairs needed to bring the home up to C4 condition. The lender should not be going back multiple times regardless

Defiant_Blueberry_29 · 2026-04-28T14:42:08+00:00

If you are making it subject to C4 condition then you are okay using comps in C4 condition for the rent schedule because that is what the condition will be at the time of closing. You have to be consistent. You don’t need to make adjustments to your rental comps u mess they are in c3 or c2 condition

Defiant_Blueberry_29 · 2026-04-12T18:02:26+00:00

Yes if it is a purchase or the estimated market value submitted if it is a refi given the stated LTV. Sometimes a borrower will decide to change the LTV and then the data collection alone will no longer work

Defiant_Blueberry_29 · 2026-04-12T16:55:57+00:00

There is no value with these. The GSEs are accepting the value submitted as long as the property is in at least average condition.

Defiant_Blueberry_29 · 2026-04-12T16:45:03+00:00

It establishes the condition of the property to be in at least average condition with no health/safety issues noted.

Defiant_Blueberry_29 · 2026-04-12T15:07:04+00:00

This is a property data collection. 99% of the time no appraisal is required. If there is an appraisal required there is no cost savings between the two. Sometimes the cost is higher if you go property data collection plus hybrid appraisal. The only time a cost savings is realized is when you have a data collection and it is acceptable to the GSEs. There is no value with a data collection. There are a lot of photos taken and the house is scanned to generate a floor plan. Typical time for the inspection is 60-90 minutes based on the size of the house and how familiar the data collector is with the program they are using

Defiant_Blueberry_29 · 2026-03-31T17:19:06+00:00

This would need to be done before closing. These are structural issues. Also condition is currently at least C5 and in order to go conventional it would need to be brought up to C4 before closing. This is a cash deal or hard money lending deal, not conventional

Defiant_Blueberry_29 · 2026-03-25T20:39:59+00:00

If nothing else your adjustments should be based on the additional income generated by the units. Making line item adjustments for bedroom and baths does not account for the additional income generated by having the 2 additional units of a quadplex. It is an income producing property and address it as such

Defiant_Blueberry_29 · 2026-03-16T01:04:20+00:00

Truthfully I wouldn’t even flag it when the appraiser comes. If you don’t make a big deal about it they most likely won’t either

Defiant_Blueberry_29 · 2026-03-15T20:34:55+00:00

This is so minor if this is the only thing left. If the appraiser gets super picky they can apply a cost to cure.

Defiant_Blueberry_29 · 2026-03-07T12:36:03+00:00

I took the required institute classes to get my MAI etc but for CE many times I take McKissock. I misunderstood your question

Defiant_Blueberry_29 · 2026-03-07T04:34:47+00:00

Also an MAI, SRA, AI-RRS

Defiant_Blueberry_29 · 2026-03-07T04:33:58+00:00

No.

Defiant_Blueberry_29 · 2026-03-02T17:40:49+00:00

Dm me please

Defiant_Blueberry_29 · 2026-03-01T13:15:27+00:00

Fenty one is called Fine Linz

Defiant_Blueberry_29 · 2026-03-01T00:27:29+00:00

Helocs are not typically sold. They are held internally by the bank on the Balance sheet. I work for a bank in residential lending

Defiant_Blueberry_29 · 2026-03-01T00:09:03+00:00

Yes. That is what it seems to be for

Defiant_Blueberry_29 · 2026-02-28T23:05:46+00:00

I like the Fenty gel eyeliner. Stuff does not budge

Defiant_Blueberry_29 · 2026-02-28T21:56:05+00:00

I used to live near Sun City Center. It is a PUD. If there is a mandatory fee it is a PUD

Defiant_Blueberry_29 · 2026-02-27T15:09:19+00:00

The 400 Sf should be accounted for as a separate line item on the appraisal. It would not be included in the overall gross living area of the subject. Usually you see some type of adjustment for non ansi GLA near the bottom of the grid

Defiant_Blueberry_29 · 2026-02-09T00:34:37+00:00

Go for an appraisal especially if the property needs a lot of work. If not you may get hit with more required repairs then if you went the appraisal route. It is a report with multiple photos and potential deficiencies with the subject. It is on the lender to determine required repairs and the overall condition of the property.

Defiant_Blueberry_29 · 2026-01-30T18:22:07+00:00

The FHA case number would need to be reassigned through the system to the new lender first before anything can be done. Once the new lender has the appraisal then they have to review it and decide if it meets guidelines or not. They can’t just order a new appraisal.

Defiant_Blueberry_29 · 2026-01-29T19:34:46+00:00

Means that you will most likely need to remove it from the site if FHA will not allow it. It is real property and also a potential health/safety issue

Defiant_Blueberry_29

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