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Why me, all the time?

Discussion in 'General Appraisal Discussion' started by Tim Hicks (Texas), Oct 13, 2010.

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  1. Tim Hicks (Texas)

    Tim Hicks (Texas) Elite Member
    Gold Supporting Member

    24
    Jan 15, 2002
    Professional Status:
    Certified Residential Appraiser
    State:
    Texas
    I am third appraiser to appraise this property in the past year. The first was a purchase appraisal that did not close, six months later the deal is re-worked and re-appraised for sale. Now, the borrower is refinancing because they did ARM financing when they financed. The property is a single family residence and is zoned duplex (never mentioned on any of the prior appraisals, can not be rebuilt SFR), the entire east side of the property fronts a seven lane highway (never mentioned before-standared 70 x 120 lot), the back yard has a wood deck with a three step stairway up to a large above ground pool with a deck circling it that has been called an in ground vinyl pool by all appraisals and MLS listings before.

    I will be called the idiot appraiser on this one.
     
  2. CANative

    CANative Elite Member

    69
    Jun 18, 2003
    Professional Status:
    Certified Residential Appraiser
    State:
    California
    No comment.
     
  3. Randolph Kinney

    Randolph Kinney Elite Member
    Gold Supporting Member

    37
    Apr 7, 2005
    Professional Status:
    Certified Residential Appraiser
    State:
    California
    Take lots of photographs - ie pool, freeway, etc. Love to read the narrative and see the photos.
     
  4. CANative

    CANative Elite Member

    69
    Jun 18, 2003
    Professional Status:
    Certified Residential Appraiser
    State:
    California
    He already posted his narrative.
     
  5. Randolph Kinney

    Randolph Kinney Elite Member
    Gold Supporting Member

    37
    Apr 7, 2005
    Professional Status:
    Certified Residential Appraiser
    State:
    California
    No, that really is not sufficient and lets see the photos to see if the narrative is complete.
     
  6. CANative

    CANative Elite Member

    69
    Jun 18, 2003
    Professional Status:
    Certified Residential Appraiser
    State:
    California
    [​IMG]
     
  7. Randolph Kinney

    Randolph Kinney Elite Member
    Gold Supporting Member

    37
    Apr 7, 2005
    Professional Status:
    Certified Residential Appraiser
    State:
    California
    So you really want to see the photos too and read the real narrative? :leeann2:
     
  8. CANative

    CANative Elite Member

    69
    Jun 18, 2003
    Professional Status:
    Certified Residential Appraiser
    State:
    California
    I know as much about the property now as I ever want to know.
     
  9. Pilgrum

    Pilgrum Senior Member

    13
    Mar 6, 2005
    Professional Status:
    Certified Residential Appraiser
    State:
    Nevada
    Any chance this assignment was offered to the previous appraiser(s) and was turned down?
     
  10. Riick

    Riick Elite Member

    26
    Aug 14, 2007
    Professional Status:
    Certified Residential Appraiser
    State:
    Delaware
    Why become the idiot, and maybe even lose a customer for $300-$400?
    Send it back; Just say you "don't feel competent" in dealing with the property's location fronting a Freeway, the unusual zoning, or the Vinyl Pond sittiin' on the Deck.

    .. and if you can get a hold of the eventual report, you may be able to get rid of some competition (( I never said that! ))

    .
     
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