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Comment on The Nightmarish End of Home Appraisals by Tracy

Appraisers Blog

It said, Comp 2, an older, Traditional dwelling, is in the subject neighborhood…” I am baffled. I pushed back, and the bank came rolling me over with a crazy diatribe about how it could be biased in so many ways and how could I not see that?

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Comment on How Many Fees Are Needed for One Appraisal Order? by Eric Kretz

Appraisers Blog

I did a VA appraisal some years ago, and the same bank wanted a different appraisal on a different property. The box checking AMC’s that ‘QC’ the appraisal before delivering to client have 2 revisions. Then post funding 2 months later the investor wants you to add 2 comps. its endless.

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Not Every Business Is Ready To Go To Market With Viking: Here’s Why

Viking Mergers

Most banks won’t risk financing an acquisition loan for a business with more than 20% of total sales from one customer. If you are preparing to appraise your assets or inventory or think you may have overvalued your assets or inventory, read this article for a plan to correct the issue. The risk is just too high.

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Comment on Appraiser Countersuing Black Homeowners for Defamation by Steve T

Appraisers Blog

If you think that just because you’ve been appraising for 35 years with no adverse legal consequences, that this kind of thing couldn’t happen to you, you’ve been out in the field too long. Who says that appraisal (if there even is one) is more credible, or even credible at all? In reply to hammering hank.

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Comment on Fannie’s Loan Buyback Sophistry Relies on Modifying Analysts’ Behavior by Sue Louisignau on Facebook

Appraisers Blog

Jeff Pitts I am a rural appraiser with lots of experience…. DID do an appraisal year ago. Did an in-depth rebuttal bank thought was good. Did an in-depth rebuttal bank thought was good. There are few comps period in my area 1 but retired my SRA a few years ago as no one cared. not at all comparable.

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Comment on GLA Adjustment: Adjusting Full Difference vs a Threshold Amount by Realist

Appraisers Blog

My reports are very inclusive and long – to the chagrin of the opponents typically lazy appraiser. Good luck with the demented “current world order” Just finished some self storage work and included 25 rent comps in the report based on a survey I conducted. This is in addition to the inclusive appraisal report.

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Comment on Fannie Mae Filed a Complaint Against Me by Tom

Appraisers Blog

I’m a Certified General Appraiser that started appraising in 1984, almost 40 years ago! Spent the majority of my career appraising both residential and commercial properties in a major metropolitan market. Like most of you, I really enjoyed appraising and was proud of my profession.

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