Dave - I think that we can employ a variety of techniques in "supporting" a land value estimate in the Cost Approach of a lending assignment, without going to...
November 17, 2005 Where appraisal fees are highest (NAR - Appraisal Section) In a recent state-by-state survey of lenders, Bankrate.com explored average ...
Brian, You certainly are up early this morning. I have certainly learned a lot, reading the forums these past few weeks. I want to publicly thank you for all...
Wouldn't you know it............. The link for NC points to TN. Don't worry though, I sent an email to the editors to straighten it out. David Turner Managing...
Thanks Patty. Looks like I needed a bit more java to improve my keyboarding skills this morning! (wink) Brian J. Davis http://www.OurAppraisAl.com ... Brian, ...
Dave, I read your post this morning and sent it to my guys for opinions. However, my first reaction was like Sarah's, especially in our market. We have been...
I think in many cases the Cost Approach has become a Supplemental Standard. I don't think you can just tell them no. Chesapeake just sent something out...
November 17, 2005 Where appraisal fees are highest (NAR - Appraisal Section) The survey also outlines appraisal costs for each state. Hawaii and Alaska are by...
Sarah, You are right to warn everyone of the dangers of having to appear before a state real estate appraiser board regarding the cost approach. "Standard 2: ...
Stuart: As I posted before, I raised my URAR by $25 and my 2-4's by $50 and nobody has complained yet. And my workflow has not slowed one bit. Leland Hill ...
Mike: Yep - great post alright! Welcome to the group. Question- has your wife joined the group too? If not - you should get her on board. Leland Hill (714)...
Darn it Leland! Exercise responsible posting. Any comment you make regarding the business and marketing aspects of your operation should include a disclaimer...
Chris, I'd have to take issue with your assertion that the cost approach is always easily repeatable because of cost manuals. An appraiser doing a cost ...
I agree with you (Ken/Sarah) about the need for support, and the potential for lack of correlation between the CAD (Central Appraisal Districts here in Texas,...
Unfiltered does change my opinion Dave. My comments were focused on your first post which said the verbiage included the paraphrased statement 'and is...
For those putting together a dual monitor setup, Office Depot has this monitor for $449.99 with free shipping. There is a $150 and $100 mail in rebate from OD...
Chris Call wrote: "The numbers we use are to be published references and we are to summarize the land sales. In our area, like many of yours, there are no...
When land sales aren't available that reflect the subject's probable land value use extraction on your "best" comp/sale. Oh, and where does USPAP say you...
Michael, My comments are directed at appraisers who don't complete a legitimate cost approach. I feel fairly certain that most of the appraisers on this forum...
Dave, That is exactly my point. Don't do the cost approach is you can't. We are not doing them except for new homes. If requested, we explain what we are ...
Group - I'm forwarding this email solicitation regarding "The Impact of Predatory Appraisals on the Lending Industry", a mortgage radio presentation by October...
Poe: Supplemental Standards or not - I'm not completing the Cost Approach for anything over 5 years old unless I'm paid my base fee for a land appraisal plus...
Yeah Michael: You make some good points too. I think the point is, whatever you do, you've got to be able to support and defend your position. But as I said,...
I've decided not to do a rate change. I'm getting faster, and it will become as 2nd-nature as the old forms to complete, but the new forms still mess up my...
Actually, I think it's now taking about the same amount of time on the new forms - we've gotten 50 or so under our belts. And with FHAs, not having to do the...
Couldn't remember if this had been posted recently. Below is a link to an FAQ from Fannie Mae regarding the new forms. The link came from the Appraiser News...
I'm not doing a rate change either. Aurora has slowed me down a bit but I think I've worked around all that for now. Henry Wu Houston, TX ... [Non-text...