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Good morning. I received a revision request this morning from a lender that I have submitted a dozen reports to without any revision requests. I included a Market Conditions Report that illustrated a "Stable" market for the past year and commented on that in the supplemental addendum. Any...
I am appraising a home in the hills that is causing me some trouble with the 1004MC and was hoping to get some suggestions from seasoned appraisers. I know that a lot of appraisers don't take the 1004MC seriously for time of sale market condition adjustments, but I have had a lot of good...
So a certified/coworker and I are having a discussion regarding market condition adjustments.
Example: 0-6 month data set reflects median value of $120,000 and 7-12 month data set reflects a median value of $100,000 or a difference of $20,000. Would you divide the difference of median values of...