• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

Another "paired" appraisal allegation, Seattle

Status
Not open for further replies.
I doubt that the subject's upper level meets the ANSI ceiling height standards for Living Area.
 
I would have to agree with the ANSI issue. Second floor ceiling look like they are maybe 7'at the center of the rooms. If you freeze the video at about 3 min 12 sec and go to full screen mode. You can pretty much make out the comments under condition of improvements. It is obviously from the second appraisal. Since the file number and FHA case# are the same as the map page they show for the second appraisal. The second appraiser says it is a 6/3/1.1, 1004 sf in C4 condition. Appears the bath update consists of new flooring and wainscot. Earlier in the video. They show a cover page from an appraisal done in 2021 next to the first page of the second appraisal. Which was obviously done sometime after February of 2022. So was the first appraisal done in 2021.
I’m seeing the same thing you’re seeing, but the story said “In Clark's first, low appraisal from April…” - so there’s some inaccuracies. They also say the two appraisals were only “weeks” apart.

So the fact that the journalist can’t keep their facts straight is pretty concerning.
 
  • Like
Reactions: DTB
I’m seeing the same thing you’re seeing, but the story said “In Clark's first, low appraisal from April…” - so there’s some inaccuracies. They also say the two appraisals were only “weeks” apart.

So the fact that the journalist can’t keep their facts straight is pretty concerning.
Calling an appraisal low is idiotic anyway as an assumption.
 
One thing I noticed re: the previous discussion re: Seattle, is that even Zillow est. was often off by $150,000 to $200,000, and I'm wondering if the market was moving up so fast that what was reasonable value 2 months previously is $200,000 LOW by the time property actually closes. That could explain low list price and much higher sale price.
Which brings up another talking point about the content of the article itself. The writer chose to cite the regional statistic but omitted mention of Zillow's specific value for this property.
 
As an aside, the pricing for the older homes in this neighborhood will not support the cost of a room addition. What probably would pay off is if the city will allow the extension of the graveled portion of the alley to this parcel so they can have some offstreet parking. Assuming the city would even do that without requiring paving.
 
if the 2nd appraiser came in higher because the 'owners' were white, then isn't he the racist giving the white folk a better value.
 
were there any participants that work directly or indirectly with blackknight? :rof:


:rof: :rof:
 
if the 2nd appraiser came in higher because the 'owners' were white, then isn't he the racist giving the white folk a better value.

I think we should look to the Salem Witch Trials as the proper way to find racist appraisers:

"1. Swimming Test

As part of the infamous “swimming test,” accused witches were dragged to the nearest body of water, stripped to their undergarments, bound and then tossed in to to see if they would sink or float. Since witches were believed to have spurned the sacrament of baptism, it was thought that the water would reject their body and prevent them from submerging.

2. Prayer Test

Medieval wisdom held that witches were incapable of speaking scripture aloud, so accused sorcerers were made to recite selections from the Bible—usually the Lord’s Prayer—without making mistakes or omissions.

3. Touch Test

The touch test worked on the idea that victims of sorcery would have a special reaction to physical contact with their evildoer. In cases where a possessed person fell into spells or fits, the suspected witch would be brought into the room and asked to a lay a hand on them."

And there are four other tests, if the ones above don't work. Or maybe a really good review by an experienced appraiser would be better.

 
were there any participants that work directly or indirectly with blackknight? :rof:


:rof: :rof:
I would bet somewhere in the shadows is a Fair Housing entity funded by HUD/taxpayers to continue pushing the narrative without revealing any actual or accurate facts.
 
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Back
Top