What does this portend for the housing market? Can this affect prices in the future as fewer "buyers" will be able to buy? John C. Carlson John C. Carlson Real...
140420
Bull Durham
bulld2002
May 17, 2012 9:38 pm
OrderProUSA has just contacted me wanting an appraisal. Looks like they are from Kansas City, MO Any info about them out there..........good or bad? Bull ...
140421
Paul Lachance
paul587arthur
May 17, 2012 10:32 pm
Bull, Never heard of them so I looked on their website...not much to look at! Paul L GJ, CO From: Bull Durham Sent: Thursday, May 17, 2012 3:38 PM To:...
140422
Jim Shoe
jimshoe40
May 18, 2012 12:58 am
I also take a look at LP/SP ratios. If homes in the neighborhood are listing for $100,000 and selling for $98,000 (without concessions) I see this as an...
140423
james_so_cal
May 18, 2012 1:27 am
Some time back there was at least one appraiser from Winnipeg Canada watching this forum. I was recently contacted by a relative up there needing an appraisal...
140424
Judy Wheeler
judyblueyes47
May 18, 2012 1:59 am
Gee, sounds like the "good old days"- just add closing costs to price and zippedy doo dah! Concessions, or credits are NOT common here - people seem to be...
140425
Robert Long
bonuss2
May 18, 2012 10:46 am
Often 50% or 100% depending on market. Robert Long Professional Valuation Corp...
140426
Bill Ritzdorf
appraisal_guy
May 18, 2012 8:05 pm
Using Wintotals built in database should solve these issues. What will be interesting is seeing property ratings between different appraisers. I have a...
140427
Gary Chase
chaselcland
May 18, 2012 9:26 pm
I have been a heavy user of the comps database for a long time. I will typically use comparables multiple times. But, I am changing my procedures and when...
140428
ftillery
floydtillery
May 18, 2012 9:44 pm
For those of us that work in a non disclosure state, we are very limited as to the amount of information regarding properties. For this reason it is highly...
140429
Dale Walters
waltersdale23
May 19, 2012 2:29 pm
My mother in law has a condo in Lauderdale Oaks. She broke her leg and some ribs, so she will now be going to an assisted living facilities in Ohio. I would...
140430
Alby Heredia
aappraiser
May 19, 2012 10:55 pm
I had a call from a client this week who had an upset borrower because the sketch in the appraisal showed his finished basement as "non-living area." After...
140431
Robert Long
bonuss2
May 19, 2012 11:18 pm
< SOME OF THE UAD REQUIREMENTS FOR THE COMPARABLES WHICH INCLUDE, CONDITION AND QUALITY RATINGS, BASEMENT SIZE/FINISH IMPLY A DEGREE OF PRECISION THAT MAY NOT...
140432
Kathleen Bryce
katbryce
May 19, 2012 11:22 pm
Sorry but the below living area is NOT the same. I don't care if it is common. Because you are comparing apples to oranges if you include it in the overall...
140433
Alby Heredia
aappraiser
May 19, 2012 11:28 pm
Wow, did you even finish reading my post? I didn't say anything about treating as GLA did I? I said the finished basement used as living area needs to NOT BE...
140434
Don Pearsall
dppublishing
May 20, 2012 12:32 am
Alby, I agree with Kathleen. I think the problem is not with Wintotal, but with the borrowers misunderstanding the segregation of the areas. Instead of ...
140435
Alby Heredia
aappraiser
May 20, 2012 1:19 am
My point is that it doesn't have to be confusing. Yeah, it's a basement. It's not GLA. But it is finished area that they live in which sort of defines "living...
140436
Gil Rogers
apprzrgil
May 20, 2012 12:21 pm
Alby, TotalSketch allows the user to create new named areas and include them as living area or non living area, so simply create a new area template and call...
140437
John C. Carlson
john_c_carlson
May 21, 2012 6:05 pm
Here is the ultimate appraiser vehicle, especially for rural areas. (Providing, of course, you can land safely) http://www.terrafugia.com/ Would like to see...
140438
Steven Pattee
buzzardz
May 21, 2012 7:03 pm
Good morning everyone, I did an inspection Saturday on a house built in 1985, that was bought by an investor in March this year as a foreclosure, remodeled,...
140439
Steven Pattee
buzzardz
May 21, 2012 7:06 pm
Sorry, I thought my signature file was attached. New computer, new operating system, new headaches. Steven Pattee Bullhead City, AZ From:...
140440
Rick
mtnappraisr
May 21, 2012 7:13 pm
Something tells insurance might be a little more. Rick Winters Cle Elum, WA From: Total2000UsersGroup@yahoogroups.com ...
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Dan Wilson
dan@...
May 21, 2012 7:27 pm
Put it in the report as you stated it in your message and then it is up to the underwriter. Dan Wilson Quality Appraisals RAA Certified Appraiser MO & KS FHA...
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Gil Rogers
apprzrgil
May 21, 2012 7:32 pm
It would also be good for waterfront properties. Gil Rogers Certified Residential Appraiser AREAS Appraisers, Inc. Serving Northern Virginia, DC and suburban...
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John C. Carlson
john_c_carlson
May 21, 2012 8:36 pm
In don’t have a Premium Membership to InmanNews. Anyone know if the condo rule revision referenced below will impact the appraisal side of things? John C....
140444
Caryn Blauser
caryn_blauser
May 21, 2012 9:05 pm
Steve: You can't make an extraordinary assumption as you know this is not the case; in this circumstance this would be considered a hypothetical condition as ...
140445
Gil Rogers
apprzrgil
May 21, 2012 10:07 pm
Something that I do when faced with a situation where something might have a serious impact on value if proven is that I add the following statement: This...
140446
Caryn Blauser
caryn_blauser
May 21, 2012 10:29 pm
Based on the situation as presented, you can't say it is an extraordinary assumption as it is already known to be a building code violation and lack of proper...
140447
Bill Streep
b_streep
May 21, 2012 10:41 pm
The house was built in 1985. It needs to meet codes that were issued in 1985. Most older homes (all?) don’t meet current building codes. And, we are NOT...
140448
Patrick E
reggelv2
May 22, 2012 1:58 am
We are not building code experts, but we are required (and accountable) for the obvious. You can't ignore or use a hypothetical in this case. If you were...
