Feb 4th GSE requirements

[Zoe]

Snarky?

You said - "The point is the appraiser is a licensed professional being asked to value a property, different markets value different things and it should be the market (not a form) that dictates what is noteworthy enough to be measured and adjusted for."

I just am pointing out that nothing in UAD (old or new) forces an adjustment for anything. As far as reporting things that you don't think are important, but the user does, that has always been the case in appraisal reporting. That is why USPAP reporting standards say that content must be meaningful to the client.

Okay, you opened the door wide open for me on "but the user does".

You know I think you are great appraiser from TN. However, with all due respect, who is the user? Especially if appraisal fees are involved?

Are you shifting liability back to bailout and GSE and amcss?

 

[Zoe]

I know it is hard questions. Your an old man like me Danny. I appreciate your contribution to public trust. Now, you say you can't advocate for separation of fees on truth in lending for public trust between amccs and Appraiser.

That is where you lost me Mr. Wiley on public trust.

 

[Zoe]

I'm on a roll. Can a GSE advocate for separation of fees on truth in lending disclosures in honor of public trust in appraisal profession?

Simple yes or no on being an advocate or not for public trust?

 

[Zoe]

This law firm is no joke for public trust:

Morgan & Morgan

evaluation.forthepeople.com

 

[Phlyguy]

Snarky?

You said - "The point is the appraiser is a licensed professional being asked to value a property, different markets value different things and it should be the market (not a form) that dictates what is noteworthy enough to be measured and adjusted for."

I just am pointing out that nothing in UAD (old or new) forces an adjustment for anything. As far as reporting things that you don't think are important, but the user does, that has always been the case in appraisal reporting. That is why USPAP reporting standards say that content must be meaningful to the client.

Yes snarky in the aspect that you say you agree with me but do you rea

Snarky?

You said - "The point is the appraiser is a licensed professional being asked to value a property, different markets value different things and it should be the market (not a form) that dictates what is noteworthy enough to be measured and adjusted for."

I just am pointing out that nothing in UAD (old or new) forces an adjustment for anything. As far as reporting things that you don't think are important, but the user does, that has always been the case in appraisal reporting. That is why USPAP reporting standards say that content must be meaningful to the client.

Yes most certainly snarky in the aspect that you say you agree with me.

The topic at hand is clearly what the requirements on the new form are, not whether adjustments are required to be made.
I think it’s a waste of time for big brother to dictate what is reported if it has no relevance in a market, and you think the GSEs should require whatever suits the interests of the people that were sitting at that table- we don’t agree, which is fine.

 

[DWiley]

The topic at hand is clearly what the requirements on the new form are, not whether adjustments are required to be made.

It was you that wrote, "...dictates what is noteworthy enough to be measured and adjusted for."

 

[Phlyguy]

It was you that wrote, "...dictates what is noteworthy enough to be measured and adjusted for."

Sure…. Are you a politician?

 

[glenn walker]

The forms coming so I really don't understand what all the gnashing of teeth is all about. If one doesn't like it that's fine but arguing sbout it has a Zero effect on it being placed into use.

The Ship Sailed and get on board or choose another destination like Non Lender Clients or maybe a entire new profession.

 

[Phlyguy]

The forms coming so I really don't understand what all the gnashing of teeth is all about. If one doesn't like it that's fine but arguing sbout it has a Zero effect on it being placed into use.

The Ship Sailed and get on board or choose another destination like Non Lender Clients or maybe an entire new profession.

I most certainly think that will happen and to a much larger degree than the GSEs are anticipating.

I am much younger than the median appraiser age but have been at this for over 20 years and am a go-getter. I went right to Certified, designations after 5 years, volunteering on my local board of assessors and at the state level.
I do not plan on continuing to do bank work in 18 months or whenever the new form is mandatory, and I know other younger appraisers that feel the same way. I wonder how many 65 year old appraisers plan on doing the silly things the new form requires?

But when all is said and done and the experienced appraiser’s are replied by the PAREA appraiser at least the GSEs will know the height of the front door.

 

[DWiley]

Sure…. Are you a politician?

You are the one who wrote it but are now saying you didn't mean what your words actually say. And you are asking ME if I am a politician.

For decades appraisers have reported gutter materials, screens on windows, and other things I have never seen an adjustment for. The fact that there is a data field for something in no way requires one to adjust for that something, as your original post implies.