Appraiser Conundrum

Discussion in 'Illinois' started by Obsolescent, Mar 27, 2011.

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  1. Obsolescent

    Obsolescent Senior Member

    7
    Jul 6, 2004
    Professional Status:
    Certified Residential Appraiser
    State:
    Illinois
  2. Tony Bamert

    Tony Bamert Sophomore Member

    0
    Jan 26, 2010
    Professional Status:
    Certified Residential Appraiser
    State:
    Illinois
  3. AnonApprsr

    AnonApprsr Elite Member

    0
    Jan 21, 2008
    Professional Status:
    Certified Residential Appraiser
    State:
    Massachusetts
    A lot of appraisers already don't use them, according to threads I read... I'm glad the AI agrees that they are wrong.
     
  4. BrianMasterson

    BrianMasterson New Member

    0
    Aug 28, 2010
    Professional Status:
    Certified Residential Appraiser
    State:
    Illinois

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  5. residentialguy

    residentialguy Elite Member

    13
    Mar 24, 2009
    Professional Status:
    Certified Residential Appraiser
    State:
    Minnesota

    Really? Haven't seen them and I post on many of the REO threads. Who doesn't use them?

    I think what you're reading and what you're comprehending are two different things. :shrug:
     
  6. AnonApprsr

    AnonApprsr Elite Member

    0
    Jan 21, 2008
    Professional Status:
    Certified Residential Appraiser
    State:
    Massachusetts
    I comprehend that some appraisers don't think REOs are comparable (you!) and some who are much more handsome and awesome do (me!). I mean you can dress it up with all the "in my market" crap you want though, if it makes you feel better. And you wouldn't have replied here unless you felt guilty for not considering them. Go ahead say "I consider them, they're just not comparable. You don't know my market Anon." Go ahead!
     
  7. residentialguy

    residentialguy Elite Member

    13
    Mar 24, 2009
    Professional Status:
    Certified Residential Appraiser
    State:
    Minnesota

    I do consider them and I do use them as comparables. Sorry to disappoint you. :peace:
     
  8. AnonApprsr

    AnonApprsr Elite Member

    0
    Jan 21, 2008
    Professional Status:
    Certified Residential Appraiser
    State:
    Massachusetts
    Well at least I'm still more awesome than you. ;)
     
  9. residentialguy

    residentialguy Elite Member

    13
    Mar 24, 2009
    Professional Status:
    Certified Residential Appraiser
    State:
    Minnesota
    LOL

    yeah...to your mom.
    ......................
     
    Last edited: Mar 28, 2011
  10. Tom O'Malley

    Tom O'Malley Sophomore Member

    0
    Jul 10, 2006
    Professional Status:
    Certified Residential Appraiser
    State:
    Illinois
    I think its obsurd to say you cant use them- so many markets you have to! How many markets out there in the Chicago area have 2 markets- foreclosures and total rehabs? You telling me with 50 similar foreclosures available you have to use total rehabs for dated refi's appraisals?- I have a big problem with that.
     
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