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Hvac Conditon

Discussion in 'General Appraisal Discussion' started by Benjamin Singleton, Dec 22, 2004.

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  1. Benjamin Singleton

    Benjamin Singleton Junior Member

    0
    Oct 20, 2004
    Professional Status:
    Certified General Appraiser
    State:
    Texas
    HVAC condition.
     
    Last edited: Jun 19, 2006
  2. Blue1

    Blue1 Elite Member

    1
    Jan 14, 2002
    Professional Status:
    Certified Residential Appraiser
    State:
    California
    We are appraisers, we provide a market value not a home inspection. Anyway, putting 'unknown' is still no protection. A good lawyer could say you shoulda 'conditioned' it for inspection. BTW.....How's about that kitchen range and water heater? Heck, even a dirty firelace flue can cause CO in the environment.
     
  3. Restrain

    Restrain Elite Member

    78
    Jan 22, 2002
    Professional Status:
    Certified General Appraiser
    State:
    Florida
    The HVAC is on, the people are alive and well ( :D ), and there's no visual evidence of failure, then it's "average". If the system is off, it's unknown.

    That's why I put in an inspection disclaimer (I'm not a home inspector and don't play one on TV).
     
  4. Walter Kirk

    Walter Kirk Senior Member

    21
    Jun 24, 2003
    Professional Status:
    Licensed Appraiser
    State:
    New Jersey
    If it's new or a few years old and it works when I'm there ( or the HO tells me it works) I call it good.
    If it's more than a few years old and it works I call it average.
    If it looks bad, rusted, scorched, parts missing or the HO tells me it doesn't work well I call it poor.
     
  5. TEL2002

    TEL2002 Elite Member

    2
    Jan 16, 2002
    Professional Status:
    Retired Appraiser
    State:
    Louisiana
    NEW....if it is brand new

    WORKING....if it is and the owners say it is.

    UNKNOWN....if the power is off, then I state why it is unknown.
     
  6. Scott Kibler

    Scott Kibler Elite Member
    Gold Supporting Member

    71
    Oct 7, 2003
    Professional Status:
    Certified Residential Appraiser
    State:
    Illinois
    Life's too short to worry about every single little thing that might get you sued. Especially when you might get sued no matter what you do.
     
  7. Otis Key

    Otis Key Elite Member

    0
    May 15, 2004
    Professional Status:
    Certified Residential Appraiser
    State:
    New Mexico
    If the equipment is on and working then I put avg. Power off for foreclosure and/or REO's - UNK - New I'll indicate new. I also have a statement in the infamous addenda that states all equipment and amenities are assumed to be operational, in working order , permitted and safely operational.
     
  8. Kate

    Kate Senior Member

    0
    Aug 24, 2003
    Professional Status:
    Certified Residential Appraiser
    State:
    New Hampshire
    Yeah, and what about a sump pump??? :p
     
  9. Abester

    Abester Senior Member

    0
    Jun 12, 2003
    Professional Status:
    Certified General Appraiser
    State:
    Florida
    Kate, I know not of this sump pump of which you speak.,
     
  10. Kate

    Kate Senior Member

    0
    Aug 24, 2003
    Professional Status:
    Certified Residential Appraiser
    State:
    New Hampshire
    Don't worry about it Greg, it's like a garbage disposal. :shrug:
     
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