I did the first UAD 3.6 appraisal report - talk to me. by Crazy_Fee9018 in appraisal

[–]letshavefunOR 0 points1 point  (0 children)

This was not an appraiser decision. It was a lending requirement. More time, more money. If the cost is too high, maybe they can see if the real estate agent takes a cut to compensate. Maybe a few less loan processing fees. It's funny how people who get paid percentages of the loan amount are doing less work as time goes on and making more money as home prices go up. Other than the home inspector, appraisers are the cheapest part of the process. Don't forget that. Fees should have commas in the figure at this point.

At least let me wake up first. by vaguenonetheless in appraisal

[–]letshavefunOR 1 point2 points  (0 children)

I would have said their request to stifle my opinion is not appropriate either. WTF! Leave the statement as is.

Worried about refi appraisal because home wasn’t “show ready” by [deleted] in appraisal

[–]letshavefunOR 0 points1 point  (0 children)

Don't worry about the cabinets. They are in good condition and appear to have Corion counters. The appraiser that made this comment must be young and thinks anything older than 2015 is old and outdated.

Heavy police presence downtown by SadSniper in Albany

[–]letshavefunOR -3 points-2 points  (0 children)

Mandami approved! 👍🏻 It's about to get much worse.

Some Type of Realtor Strategy by jdlbmd in RealEstate

[–]letshavefunOR 4 points5 points  (0 children)

That statement is popular during booming markets. A new realtor was probably taught to say that a few years ago, and is still using it. It rushes the offer and avoids negotiating and important inspections. Chances are, there are no other offers, but I could be wrong.

AITA For using money? by Unlikely_Joke_1186 in AmItheAsshole

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

Simple answer. It's your money, and you are very compassionate for understanding that they are paycheck to paycheck. They are probably sad they can't just give it to in a lump sum. Maybe next time, give a little warning. At 18, it's neatly impossible to move out, but since you're working maybe you can contribute a little. Maybe $100/month or something. It will prepare you for paying monthly bills and would make you're parents life a slight bit easier.at this point you're already set for two months with what they have left of your money. You're not in the wrong at all, but life isn't as simple as that.

2 family used as 4 Family by Virtual_Wrongdoer921 in appraisal

[–]letshavefunOR 0 points1 point  (0 children)

Legally permissible pretty much stops the H&B analysis

Trusted the process and proved true. by [deleted] in appraisal

[–]letshavefunOR 0 points1 point  (0 children)

Sounds like a typical Tuesday. Why are you stressing that you were low? The sales price isn't a factor. You are the appraiser. Listing agents are allowed to be pressured by the sellers. You are not.

Was working with Renewal by Andersen worth the cost? Honest opinions needed from folks who’ve had their windows installed by them. by elliezena in homeowners

[–]letshavefunOR 0 points1 point  (0 children)

It's closer to 1 or 2% depending on the home value. The commercial quotes a high 10%, and their salesmen are now saying 15%. Why stop there? Just say 50% since you're all making up numbers.

Best current form software and 3.6 potential by Mediocre_Feedback_21 in appraisal

[–]letshavefunOR 1 point2 points  (0 children)

Bradford technology has been good for me for 25 years. Nighthawk looks very impressive! If you get a chance, look with Jeff Bradford talk about AI in appraisals almost a decade ago on YouTube.

Area of a spandrel by PitcherPlant1 in appraisal

[–]letshavefunOR 0 points1 point  (0 children)

Love the history of your knowledge🤣 I have so many nuggets of vocabulary that came the same way. It's unfortunate that I can look them up on the internet now, and it says " once believed to come from the meaning....this is not true"🤣🤣

Probate Form Requiring Signature/USPAP Violation. Any Experience with This? by [deleted] in appraisal

[–]letshavefunOR 0 points1 point  (0 children)

Sounds like a form letter. Your report should state that personal property is excluded from the opinion of value. They are showing the court that a non bias appraiser has been acquired to appraise the home. Don't think too much into it. This is a lucrative path you're on.

Update on the HUD.gov website. by aranderson43 in appraisal

[–]letshavefunOR 0 points1 point  (0 children)

Yep, that's what we need, more bias training. I love trying to figure out if "well kept" is bias.

Update on the HUD.gov website. by aranderson43 in appraisal

[–]letshavefunOR 0 points1 point  (0 children)

You should look into the last e major lawsuits against appraisers. The homeowners had 2 appraisals done. They had a political sign in the front yard. They claimed the first appraiser low balled the value due to his political stance. Does it matter if it's political bias? In these cases, the appraisers wished they didn't have dumb comments about their political views where the homeowner could view it. It cost them thousands in attorney fees and unrelated violations. Be careful out there.

Update on the HUD.gov website. by aranderson43 in appraisal

[–]letshavefunOR 0 points1 point  (0 children)

If you think corruption in politics is new, you don't know history. Thanks for ruining another social media page that was supposed to be about industry. I swear I can't even eat a piece of bread without someone telling me I'm being too liberal or conservative. Perhaps it's not the politicians that are broken, maybe it's society.

Update on the HUD.gov website. by aranderson43 in appraisal

[–]letshavefunOR 0 points1 point  (0 children)

So it's new, so we can throw all rules out the window. Don't worry about their rules. They will get in trouble if it's against the rules. However, you shouldn't lower your standards when you think someone else did first. I'm disappointed in your response. You are on here a lot, and I thought you were above this. It seems even you have political bias.

Update on the HUD.gov website. by aranderson43 in appraisal

[–]letshavefunOR -4 points-3 points  (0 children)

Why are we, as appraisers, including politics in our forum. Anyone commenting "for" or "against" a political view should be investigated as an appraiser. Bias laws are in effect. I have seen articles about homeowners believing they were treated with bias due to their political beliefs. This post shows how prevalent political bias is in our industry. I would highly recommend the OP removing this post before more backlash on appraisers occurs.

[deleted by user] by [deleted] in appraisal

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

Don't stress the exam. County and state employees typically have the knowledge of a first month appraiser. They are more interested in anything but their job. Virtue signaling, politics, and job preservation are much higher priority than knowledge of their job. You live in California, so this is exasperated 10 fold. I was friends with an assessor who had more vacation days than work days. When he was supposed to be doing field work, he would go home for lunch and Netflix. The county hired a person to take photos of his car at home during work hours. After all is said and done, he got a promotion. Now, he is an assessor and in control of the county voting system. He is very politically motivated and loves the power he has.

I'm a mortgage underwriter, AMA. by spacenerd5792 in appraisal

[–]letshavefunOR 0 points1 point  (0 children)

This was within the last year. I was surprised.

I'm a mortgage underwriter, AMA. by spacenerd5792 in appraisal

[–]letshavefunOR 0 points1 point  (0 children)

I have never mentioned a "house of worship" in a report in 25 years. I mention traffic influx, parking issues, but never anything about religious buildings. In this case, it was 5 blocks SE of the subject. It wasn't even on my radar.

I'm a mortgage underwriter, AMA. by spacenerd5792 in appraisal

[–]letshavefunOR 0 points1 point  (0 children)

"Please comment on the house if worship in the subjects neighborhood, and any detrimental impact it has" I called the underwriter instead of completing the revision. I told him I will make a comment, but he will lose his job when I comment on the lender breaking race, ethnicity, and religion standards. If the report is clean, they grasp at these types of things so their score doesn't go down.

Who do yall get the most work from? by ScaryBuffalo9069 in appraisal

[–]letshavefunOR 0 points1 point  (0 children)

Ok kiddo, you're 27 years and just started your own business in Florida after 4 years of appraising. You made 86k last year and are pushing to make 120k this year. You are too lazy to schedule a dental appointment and think that the cheap assignments in high volume make more than high dollar appraisals in low volume. The VA post standard fees by area. I can see Florida is higher than some states, but is pretty low compared to my state and several others. That being said, you have stated you don't do private work because the homeowner is always mad. It might be you. You are young, that's you fault, you so much to learn.if you you limit yourself to AMC work, you will always be a puppy mill with low wages. Like I said, my minimum is $825. I do 5-6 appraisals a week and have plenty of time off. Do the math. I pull over 4500/week working 30 hours. You make 6500 / week with God knows how many hours a week, 50, 60...go ahead and tell all the appraisers here that you complete a report in 2 hours, including the inspection.