UAD 3.6 discussion

[Non Sequitur]

Looks like the first street ready program will be released this month. Andy at Freedom posted (below) on Facebook, and he confirms what I have been saying for the past year - integrated sketch, autofill, adjustments, photo recognition, and subscription pricing.

"$99 per month for full office management, MLS import, trend analysis, 6 methods of adjustments, sketch, lidar sketch, all forms, maps, flood maps, AI photo recognition, AI order and contra t import, graphs and more. All inclusive pricing and its cloud based runs on any device with a browser."

"$99 is for to 30 reports a month. After that it's $5 per report. Freedom is so fast completing reports, 8 min on an iPad in the front seat of a car on 5g, I had to put a limit on it."

 

[Alsie35]

My instant reaction:

Andy - Go F yourself. (That is about as kind as I can be when I read this kind of agitprop dreck.)

 

[Non Sequitur]

My instant reaction:

Andy - Go F yourself. (That is about as kind as I can be when I read this kind of agitprop dreck.)

He isn’t the only one working toward cradle to grave appraisal reports in the field with an iPad, every software provider wants to do the same thing.

 

[Tom D]

I bet the flow of the new uad3.6 speedy form follows the appraiser's movement doing the appraisal, so we don't have to flip thru pages to find that check box concerning what we are seeing at the moment. I don't think so, you pad lackies. The old form easy pad work, because the form is on the screen, not 1,000 question and sub questions flowing in what scattered order.

Death by a 1,000 questions bites, not done in any specific appraiser order. I was one of the few people who warned where CU was heading. This new form is being done wrong by the vendors in terms of appraiser functionality. But fannie idiot savant made it a custom order for their system. Can't wait for my uad 3.6 class this month. Then i will blow it up on a new post. Or give it my blessings, like some of you fannie lackies.

 

[Sadie]

Looks like the first street ready program will be released this month. Andy at Freedom posted (below) on Facebook, and he confirms what I have been saying for the past year - integrated sketch, autofill, adjustments, photo recognition, and subscription pricing.

"$99 per month for full office management, MLS import, trend analysis, 6 methods of adjustments, sketch, lidar sketch, all forms, maps, flood maps, AI photo recognition, AI order and contra t import, graphs and more. All inclusive pricing and its cloud based runs on any device with a browser."

"$99 is for to 30 reports a month. After that it's $5 per report. Freedom is so fast completing reports, 8 min on an iPad in the front seat of a car on 5g, I had to put a limit on it."

Hmmm. a quick road to a crappy unsupported report.

 

[Sadie]

I bet the flow of the new uad3.6 speedy form follows the appraiser's movement doing the appraisal, so we don't have to flip thru pages to find that check box concerning what we are seeing at the moment. I don't think so, you pad lackies. The old form easy pad work, because the form is on the screen, not 1,000 question and sub questions flowing in what scattered order.

Death by a 1,000 questions bites, not done in any specific appraiser order. I was one of the few people who warned where CU was heading. This new form is being done wrong by the vendors in terms of appraiser functionality. But fannie idiot savant made it a custom order for their system. Can't wait for my uad 3.6 class this month. Then i will blow it up on a new post. Or give it my blessings, like some of you fannie lackies.

have been beta testing it and I have been plenty vocal about it. At this point, I don't know who benefits from the structure and implementation. Because it sure as heck isn't an appraiser. Nor I think the lender. The grid needs to be on one page. Right now its like 5 pages. What good is it if you have to keep flipping back and forth?

 

[Trihard]

have been beta testing it and I have been plenty vocal about it. At this point, I don't know who benefits from the structure and implementation. Because it sure as heck isn't an appraiser. Nor I think the lender. The grid needs to be on one page. Right now its like 5 pages. What good is it if you have to keep flipping back and forth?

FNMA thinks that if you run a regression analysis for your adjustments with **** data that it is far superior to you using 20 years experience in appraising to come up with an adjustment.

 

[Joe Flacco]

You can't just base it on experience. You have to look into it. The market is constantly evolving and adjustments change. And how the market participants behave in one place may be different from how they behave in another place.

Sometimes the data is just not good, and you lean a bit more on what you have been before, but you still have to look into it.

 

[Joe Flacco]

I did an appraisal in 2021. At that time, half-acre lots were trading for $1.5m, and one-acre lots were trading for about $1.75m. The site adjustment was $250k.

I did an appraisal across the street a few weeks ago. Now the half-acre lots are trading for $2.4m and the one-acre lots are trading for $3.1m. So today the adjustment is $700k.

We have to look into it on an assignment to assignment basis. The market is constantly evolving.

 

[Sadie]

FNMA thinks that if you run a regression analysis for your adjustments with **** data that it is far superior to you using 20 years experience in appraising to come up with an adjustment.

I disagree. Fannie thinks that if they make appraisals difficult to write and read, then they will go away and they can just breeze along with their waivers and value acceptances. Require more data, even non applicable date (really, there is a field for volume?), more support, make the forms non user friendly, Bam, the market will speak and no longer want to deal with them. But the problem will be when the market cycles again and guess who is left holding so many bad loans (that would be Fannie). And the market in some areas has started that stabilization and possible downward trend.