1025 or 1004

[sputnam]

If you read through the thread. The OP has no idea what they really have. As far as USPAP goes. You may want to consider the SOWR and SR1. Particularly problem identification and subject's legal and physical characteristics. Seems like knowing what the property "is" would be a necessary part of the problem identification

That's a different issue than was cited. If the appraiser can't tell the difference between an SFR with ADU and a two family dwelling, maybe they shouldn't be accepting those sorts of assignments. Yeah, I know... sometimes you don't know what it really is until you actually go see the property. In which case, you either withdraw from the assignment, do what is needed to become competent, or you associate with someone who is competent.

 

[Dublin ohio]

That's a different issue than was cited. If the appraiser can't tell the difference between an SFR with ADU and a two family dwelling, maybe they shouldn't be accepting those sorts of assignments. Yeah, I know... sometimes you don't know what it really is until you actually go see the property. In which case, you either withdraw from the assignment, do what is needed to become competent, or you associate with someone who is competent.

It was a Fernando thread. Never expect them to make sense. Note the following

I told client what I know of subject without going there. From my experience as appraiser, loan agent, and real estate agent, I didn't think subject is a true duplex and should be appraised on 1004.
After Appraisal King input, the response was that 1004 was fine. Later, I was requested to do on 1025. And now it's on hold because they don't know the hell how to deal with this property.

The property morphed from a SFR w/adu to a possible duplex or even triplex. Now he blames the client for not knowing how to deal with the property without the appraiser telling them what it is.

 

[Fernando]

It was a Fernando thread. Never expect them to make sense. Note the following

Thread is 1025 or 1004. What to do.

The property morphed from a SFR w/adu to a possible duplex or even triplex. Now he blames the client for not knowing how to deal with the property without the appraiser telling them what it is.

Appraisal King contacted client and said should be on 1004 and never said it was a duplex or triplex.
Yet client still wanted on 1025.

 

[Surf Cat]

I told client what I know of subject without going there. From my experience as appraiser, loan agent, and real estate agent, I didn't think subject is a true duplex and should be appraised on 1004.
After Appraisal King input, the response was that 1004 was fine. Later, I was requested to do on 1025. And now it's on hold because they don't know the hell how to deal with this property.

Jiminy Crickets.... The King of Confusion....

 

[Fernando]

Jiminy Crickets.... The King of Confusion....

Client is confused for sure.

 

[Surf Cat]

Client is confused for sure.

I'll bet....

 

[Dublin ohio]

Thread is 1025 or 1004. What to do.

Appraisal King contacted client and said should be on 1004 and never said it was a duplex or triplex.
Yet client still wanted on 1025.

So exactly what exists.

This property is unlike any property in neighborhood. It pushed its HBU in getting as many ADUs as possible from the city laws (still waiting if finalized).
Agent assured me it will be finalized but I haven't heard from the agent.
Sometimes more complexity and practicality take more time given what's on the books.

 

[Fernando]

Appraisal King wanted to do on 1004. Client still not sure which form to use.

 

[Surf Cat]

Hey Dublin....do you have anymore of those stiff drinks?

 

[sputnam]

It was a Fernando thread. Never expect them to make sense.

Good point.