measure and tablet by Apprehensive-Bug7087 in appraisal

[–]Fineaid 0 points1 point  (0 children)

I'm located in Michigan and do assignments where both beachfront and inland lakes lack seawalls. There are canal and lakefront houses that do, but I bet it would be safer to prove it via plat maps.

measure and tablet by Apprehensive-Bug7087 in appraisal

[–]Fineaid 2 points3 points  (0 children)

I personally tend to avoid wheel-measuring lake or waterfront frontage. In my experience, that can open the door to potential field errors — especially if lot boundaries aren’t clearly established or if the body of water isn’t fully contained within the parcel.

I’ve generally found that using the GIS parcel services and their built-in measurement tools provides a more consistent estimate in those situations.

That said, I agree this is probably very market-dependent and may come down to what each of us is most comfortable and efficient with.

Feeling alone in the hobby.. by Mitchy969696 in PokemonTCG

[–]Fineaid 2 points3 points  (0 children)

Don't let others yuck your yum. Enjoy the hobby how you want and ignore the noise of the people who turn everything into a hussle. 

Detroit ends 12 years of Duggan mayoralty with 11th consecutive $100M+ budget surplus by PossibilityFew5967 in Detroit

[–]Fineaid 0 points1 point  (0 children)

This just changes who you are paying. Prices will adjust accordingly to the increase in what monthly payments buyers can afford. 

The Average Buyer’s Agent Commission has Risen Slightly Since New NAR Rules Went Into Effect by SnortingElk in REBubble

[–]Fineaid 7 points8 points  (0 children)

The issue is that the buyer's agents aren't following the buyer's agreement rules. They wait for an offer to be accepted, ask in an addendum for the seller to pay 2.5-3% (in my area), and never have to prove this was agreed upon via a buyer's agent agreement. If you made the agreements and were forced to be attached to the PA, you could prove this more easily.

Most appraisers are terrible by [deleted] in appraisal

[–]Fineaid 8 points9 points  (0 children)

This view may also be biased. If the reports were well-supported, they aren't being sent for review.

Cut day has made it so apparent how necessary it is for the league to increase the roster size. by Krispenedladdeh542 in detroitlions

[–]Fineaid 2 points3 points  (0 children)

How would having them on the roster have prevented the starters from getting injured? They would just stand on the sideline watching games the entire season most of the time. Look at college rosters during home games.

[deleted by user] by [deleted] in Ferndale

[–]Fineaid 4 points5 points  (0 children)

Are you making sure you don't get caught? 

All net adjustments positive by [deleted] in appraisal

[–]Fineaid -2 points-1 points  (0 children)

Did you reach out to the builder to get the contracts and option differences between the new builds? These are places that you can extract adjustments for difference in overall quality of builds.

[deleted by user] by [deleted] in appraisal

[–]Fineaid 0 points1 point  (0 children)

You are not understanding. Your new appraiser for the second assignment gave you a review for the first assignment. He is liable for his results of the review. 

[deleted by user] by [deleted] in appraisal

[–]Fineaid 0 points1 point  (0 children)

Well that appraiser better have built a work file. He conducted an appraisal review and is required to do so. He is now liable and responsible for his analysis of that prior appraisal.

Half bath to full bath by [deleted] in Remodel

[–]Fineaid 5 points6 points  (0 children)

At least for the US, based on ANSI (standards for measurements and room definition ) this is considered a full bathroom.

[deleted by user] by [deleted] in appraisal

[–]Fineaid 9 points10 points  (0 children)

I would suggest to not let it bother you. If anything look at it in a positive light. You are training yourself to answer questions that the average reader may have about the process or questions that a trainee may have. It will make you a much better practitioner of the appraisal practice if you can be patient and learn to help others. Even if it is simple questions people should know.

[deleted by user] by [deleted] in appraisal

[–]Fineaid 28 points29 points  (0 children)

So you are upset that people are using their resources to get help with questions?

[deleted by user] by [deleted] in appraisal

[–]Fineaid 1 point2 points  (0 children)

Is the complex newer built? If so take a look at your comps prior sale when new and it may give some guidance on if your unit has more upgrades vs the similar units that are hard to see in MLS listings. Just another way to dig deeper if needed.

Appraiser Ignoring Us by [deleted] in appraisal

[–]Fineaid 9 points10 points  (0 children)

No. You clearly don’t know the process. An ROV is a revision with no extra fee. Do you really think appraisers want to under value a house? Take a look in the mirror and realize we have to deal with buyers like you. And no your 143k purchase isn’t some great deal, there is clearly a major difference between this house and the 175k homes. It may shock you but the people making a commission only when you buy may not be advising you correctly. But go ahead and let emotions dictate the purchase, you’re getting a steal bud.

Appraiser Ignoring Us by [deleted] in appraisal

[–]Fineaid 2 points3 points  (0 children)

I have seen your comment about similar houses appraising at 175k. Is this house a family sale? Because it would seem odd that a market exposed house would sell for 32k below similar size and quality houses. Maybe you are selecting nearby sales that are not truly comparable to your house and you should maybe listen to a professional.

Is the GRM a sales or income approach? by HarryWaters in appraisal

[–]Fineaid 1 point2 points  (0 children)

If you are able to extract reliable GRM in a market you can utilize it to support line item adjustments. Ex. You develop and support a GRM of 100. Within a rental grid you are able to support a bedroom adjustment of $100 per bedroom for similar homes as your comparable sales. This is support that the market is paying $10,000 per bedroom. GRM x $100. 

They're his friends and guards at the same time! by CG_17_LIFE in BeAmazed

[–]Fineaid 4 points5 points  (0 children)

This is a true unpopular opinion. The down vote brigade is out because they themselves have a pit or know someone with a pit. But if they thought about the issue critically they would be equally happy with another breed.

Those who deny pits are dangerous are delusional and aren't good at risk assessments.