http://appraisersforum.com Real estate appraisers forum that is open to all. Discuss real estate appraisal on these real estate appraiser forums. en Thu, 17 May 2012 01:22:10 GMT vBulletin 120 http://appraisersforum.com/imagesaf2/misc/rss.jpg http://appraisersforum.com http://appraisersforum.com/showthread.php?t=187697&goto=newpost Thu, 17 May 2012 00:39:50 GMT Hello, This is a first for me since UAD started. For a new construction where the taxes, Parcel ID # and the legal description have not been... Hello,

This is a first for me since UAD started. For a new construction where the taxes, Parcel ID # and the legal description have not been assigned yet, what do you put in the fields?

Thanks for the help ]]> UAD Mutyger http://appraisersforum.com/showthread.php?t=187697 http://appraisersforum.com/showthread.php?t=187696&goto=newpost Wed, 16 May 2012 23:54:24 GMT This is hilarious. The arrogant one Matthews is a bumbling, mumbling oaf when placed in the arena. The funniest part is that a Wolfpack hick cleaned... This is hilarious. The arrogant one Matthews is a bumbling, mumbling oaf when placed in the arena. The funniest part is that a Wolfpack hick cleaned his clock.

http://newsbusters.org/blogs/noel-sh...tthews-comes-l ]]> The Watercooler Offshore http://appraisersforum.com/showthread.php?t=187696 http://appraisersforum.com/showthread.php?t=187695&goto=newpost Wed, 16 May 2012 23:17:38 GMT Does anyone know where specifically in the Fannie Mae Selling Guide are found the requirements for reporting prior transfers of the comparable sales? Does anyone know where specifically in the Fannie Mae Selling Guide are found the requirements for reporting prior transfers of the comparable sales? ]]> Fannie Mae, Freddie Mac, USPAP alex gilbert http://appraisersforum.com/showthread.php?t=187695 http://appraisersforum.com/showthread.php?t=187694&goto=newpost Wed, 16 May 2012 22:37:53 GMT Before I became an appraiser, I was a full time college computer science professor. I have been a fairly patient person, given I have to deal with... Before I became an appraiser, I was a full time college computer science professor. I have been a fairly patient person, given I have to deal with many students and their less advanced questions. When I first became an appraiser, I noticed my mentor was an impatient and easily irritated person. I watched him having road rage and being easily offended by dumb underwriter questions. I only worked with him for a year. So I don't think it is him who influenced me. It's been 9 years now since I became an appraiser. Upon reflection, I realize that I also became short-tempered, impatient and easily irritated or offended by others in the business process. Then I watched many posts on this forum. It seem many fellow appraisers have similar tendency as mine. They can be easily ticked off by a low fee order or a different opinion by another appraiser. I am trying to do some soul searching? Is this a professional hazard that we became defensive, lone-wolf like, and irritable? ]]> Running an Appraisal Business hellofromfred http://appraisersforum.com/showthread.php?t=187694 http://appraisersforum.com/showthread.php?t=187693&goto=newpost Wed, 16 May 2012 21:36:43 GMT Hi Folks, I am a CG, have been from the beginning. I did residential and commercial, farmland and anything else I was or could become competent in. I... Hi Folks,
I am a CG, have been from the beginning. I did residential and commercial, farmland and anything else I was or could become competent in.
I appraised for 30 years, retired about two years ago. I also owned a state approved Pre-licensing, CE school for about 7 years. I was also AQB Certified.
I developed courses for numerous type lenders on how to review appraisals; consulted with developers, and numerous county, state and federal agencies.
My appraisals have been reviewed by everyone possible: bankers, mortgage brokers, FDIC, FHLIC, FNMA, SEC, OCC and the FBI. I have never had an appraisal rejected or questioned as to accuracy, competence or supporting the value.

NOW, I am in the same boat as the "happy, ignorant, totally stupid, home owner!
Point: I applied for a VA loan. Qualified for a 90% LTV, no closing cost due to disability. (Agent Orange- Nam)
Then, "along came 'John'"!! 'John" had been in business a long time, based on his CR number. He took the heated area from Tax Records, who had missed a portion of the finished basement and one entire deck of about 300 SF, and about 144 SF of basement, which the appraiser walked into during his walk-through.

I walked through the house during his "inspection" explaining all of the "upgrades" I had done about 4 years ago. The house was constructed of "average quality" for this area. Appraising high end homes, I copied some of their characteristics in my home: Trim package throughout, crown and base; professional, high quality paint; added a stone terrace; added a sun room at $30,000; installed hardwood floors, ceramic tile floors and white, designer Berber carpet @ $27.00/sq. yd. Replaced spindles on front porch with double, fluted columns; house has a large trey in MBR and a cathedral ceiling in a front BR. Finally, a portion of the front was stoned, professional LS, two lots, one wooded and a deep well.

Commercial cellulose insulation was blown in the entire attic area, even over the garage 12" deep, over the original 6". THE END.

The report 'John' presented to VA, stated, "...home has not been maintained and has an effective age of 15 years"!! He used three REOs and two foreclosures as comps- then made no adjustments for any possible variables.
Did not mention effective age on any sales, no wells mentioned, all were indicated as being same quality and condition! The house was appraised 4 years ago at $180,000. His comps sold at $50,000, $50,000, $80,000 and $115,000. His conclusion of value: $106,000!!

I contested everything to the VA Regional Reviewers. Pointed out every mistake and omission on the report. They concurred and ordered a "review" of all the sales and a re-inspection of my home! Wonderful- finally justice!!

Two days ago, a black truck drove very slowly past my home, took a photo of my neighbors home and my home from the truck. The VA will get back to me when the "review" is completed. Praise God!!! Justice at last!! :>(

Two appraisers in the state of GA are about to loose their licence!

In closing, when the "appraiser" started to leave the property, I informed him that the house appraised for $180,000 about 4 years past. He told the reviewer at VA, that I tried to get him to commit fraud!! Thanks..

A formal complaint will be FedEx'ed to the GA Real Estate and Appraiser Board; a copy to the Real Estate Commissioner, who is appointed by the Governor; a copy to the Governor; A copy to the Appraisal Foundation: AQB and the Director of the VA in Washington, DC. They should all get their mail about the same day.

I'll update you folks later. Thanks for reading and listening...

Ron

PS: I have a degree in Criminal Justice, University of Nebraska and was a Commissioned Officer in the Army- Discharged as a Captain after working in the Pentagon for almost three years, as a General Staff Officer. ]]> FHA/HUD and VA bealman http://appraisersforum.com/showthread.php?t=187693 http://appraisersforum.com/showthread.php?t=187692&goto=newpost Wed, 16 May 2012 21:00:27 GMT I have an appraisal company centered in San Jose and am looking for right individual for over-flow assignments and or trainee to work with. Send... I have an appraisal company centered in San Jose and am looking for right individual for over-flow assignments and or trainee to work with. Send resume to stephen@abbahome.com

Let me know

software
what you do measure with


Thanks

Steve ]]> Jobs Available vargasteve http://appraisersforum.com/showthread.php?t=187692 http://appraisersforum.com/showthread.php?t=187691&goto=newpost Wed, 16 May 2012 20:23:44 GMT This is great, they had to have a heads up. ... This is great, they had to have a heads up.

http://news.yahoo.com/blogs/technolo...164409656.html ]]> The Watercooler Non Sequitur http://appraisersforum.com/showthread.php?t=187691 http://appraisersforum.com/showthread.php?t=187690&goto=newpost Wed, 16 May 2012 19:54:48 GMT I heard that aci has been working on a web based version of their form filler. If so, then this would be great. Won't have to ever use a pc or virtual machine to run windows on my Mac. ]]> ACI (Appraisers Choice) Software MZ818 http://appraisersforum.com/showthread.php?t=187690 http://appraisersforum.com/showthread.php?t=187688&goto=newpost Wed, 16 May 2012 19:22:25 GMT No more local banks. This is the future of locally owned & managed banks and S & Ls. The economies of scale demand mergers and acquisitions.



http://www.charlotteobserver.com/201...-south-to.html ]]> North Carolina USPAP Compliant http://appraisersforum.com/showthread.php?t=187688 http://appraisersforum.com/showthread.php?t=187686&goto=newpost Wed, 16 May 2012 18:06:54 GMT Copper Wire Discovered After having dug to a depth of 10 feet last year outside of New York City, New York scientists found traces of copper cable... Copper Wire Discovered

After having dug to a depth of 10 feet last year outside of New York City, New York scientists found traces of copper cable dating back 100 years. They came to the conclusion that their ancestors already had a telephone network more than 100 years ago.

Not to be outdone by the New Yorkers, in the weeks that followed, a Los Angeles, California archaeologist dug to a depth of 20 feet somewhere just outside Oceanside. Shortly after, a story in the LA Times read: "California archaeologists report a finding of 200 year old copper cable, have concluded that their ancestors already had an advanced high-tech communications network a hundred years earlier than the New Yorkers."

One week later, a local newspaper in Baton Rouge, Louisiana reported the following: "After digging down 30 feet in his pasture near the community of Fish Lake a self-taught archaeologist, Boudreaux, reported that he found absolutely nothing. Boudreaux has therefore concluded that 300 years ago, Louisiana had already gone wireless!" ]]> The Watercooler Non Sequitur http://appraisersforum.com/showthread.php?t=187686 http://appraisersforum.com/showthread.php?t=187685&goto=newpost Wed, 16 May 2012 17:29:11 GMT Date: 14 May 2012 22:53 Subject: [Fwd: Fwd: Blond Joke]

To: This blond decides one day that she is sick and tired of all these blond jokes and how all blonds are perceived as stupid . So, she decides to show her husband that blonds really are smart.

While her husband is off at work, she decides that she is going to paint a couple of rooms in the house. The next day, right after her Husband leaves for work, she gets down to the task at hand.

Her husband arrives home at 5:30 and smells the distinctive smell of paint. He walks into the living room and finds his wife lying on the floor in a pool of sweat. He notices that she is wearing a heavy parka and a leather jacket at the same time. He goes over and asks her if she is OK.

She replies yes.

He asks what she is doing and she replies that she wanted to prove to him that not all blond women are dumb, and she wanted to do it by painting in the house.

He then asks her why she has a parka over her leather jacket. She replies that she was reading the directions on the paint can and it said...


( wait for it ...)

.....................................




.......................................


( wait for it ...) . .


( wait for it ...)


“FOR BEST RESULTS, PUT ON TWO COATS.” ]]> The Watercooler Mike Kennedy http://appraisersforum.com/showthread.php?t=187685 http://appraisersforum.com/showthread.php?t=187684&goto=newpost Wed, 16 May 2012 17:05:12 GMT In light of one of the greatest debates this world has ever known and upon recommendation, here is the poll to end the debate of all debates in the... In light of one of the greatest debates this world has ever known and upon recommendation, here is the poll to end the debate of all debates in the hope that in doing so, impending Armegeddon will be averted. Scenario is as follows:

Subject is less than 2 years old. Subject has been utilized as a model home but has never been occupied or utilized as a sales office. So which is it? ]]> UAD Scott R Marshall http://appraisersforum.com/showthread.php?t=187684 http://appraisersforum.com/showthread.php?t=187683&goto=newpost Wed, 16 May 2012 17:01:53 GMT Below is a response I just got from a realtor on an e-mail I sent looking for details on a potential comp. I edited out the stuff that would... Below is a response I just got from a realtor on an e-mail I sent looking for details on a potential comp. I edited out the stuff that would identify this realtor. This is the kind of stuff we have to deal with every day and why I have such disrespect for most realtors. And this one won the 2011 Excellence Award!

It was a full basement finished, with mechanical room off of that with washer and dryer. There was no seller's concession. Don't know what an arms length transaction is!


COLDWELL BANKER RESIDENTIAL BROKERAGE
1064 Main Street
Branford, CT 06405

My Experiene & Dedication Will Get You Results

2011 Excellence Award Winner - Platinum ]]> General Appraisal Discussion Delta85 http://appraisersforum.com/showthread.php?t=187683 http://appraisersforum.com/showthread.php?t=187682&goto=newpost Wed, 16 May 2012 16:40:41 GMT 1. The State Web site will start to accept your online $350.00 license renewal fee 60 days prior to your license expiring. 2. When taking con-ed... 1. The State Web site will start to accept your online $350.00 license renewal fee 60 days prior to your license expiring.

2. When taking con-ed classes, the educational provider has up to 15 days to turn their roster into the State of Michigan.

3. The State of Michigan will take 3-5 days to update the information from the provider depending on the time of year and number of other licenses renewing.

4. The State of Michigan uploads updated license information once a month to the ASC

5. FHA goes to the ASC web site to update your eligibility to be a FHA approved appraiser


For these reasons, it is highly recommended that you have all of your continuing educational classes done by Mid May so that when you go on line to pay, your license renewal is done with enough time to upload to the ASC and for FHA to update your profile.


David C. Molenaar, SRA, RAA
Chair, State Board of Real Estate Appraisers ]]> Michigan David Molenaar http://appraisersforum.com/showthread.php?t=187682 http://appraisersforum.com/showthread.php?t=187681&goto=newpost Wed, 16 May 2012 16:12:44 GMT Hi -- The links to download the entire Total Sketch (DaVinci) manual at alamode.com are broken and there's no telling when they might be fixed as the tech support folks are not the ones responsible for fixing such.

Right now, all you can get from either within the program or at the website is an online manual where you can print a specific page but not the whole thing and I need to print the whole manual for our office. The movie isn't too helpful in our case because we have no speakers on our computers.

If anyone may have previously downloaded the manual and could email it to me, I'd be very appreciative. If you go to our website, classiccityappraisal.com and click on Contacts, then either the link for Admin Assistant or Webmaster (I'm both), an email form should pop up.

Thanks. ]]> a la mode (WinTotal) tempgal http://appraisersforum.com/showthread.php?t=187681