Ansi measuring of attic space

[chad hampton]

Makes you wonder if Fannie understands the forest from the trees.
Measuring to the 10th foot is not what a real appraiser should be concern about.

I don’t have a problem, saying things are measured to the nearest 10th of a foot, as long as everybody understands that every sketch you have that is labeled .1 isn’t really .1. I’ve always tried to live in the real world

 

[Fernando]

I haven't done a FHA appraisal in years.
I waiting for a FHA order to be accepted at my high fee.
If I get it, I think I don't need to measure in ANSI for FHA. Right?

 

[Charles West]

I haven't done a FHA appraisal in years.
I waiting for a FHA order to be accepted at my high fee.
If I get it, I think I don't need to measure in ANSI for FHA. Right?

WTF, measure it to the 10th for f*#ksakes, who cares, FHA sure as hell doesn't, why would you? Get a metric Nokia tape and learn how to read it.

 

[Fernando]

Please Charles. You haven't done an appraisal report for awhile.

 

[Charles West]

Please Charles. You haven't done an appraisal report for awhile.

It's a f*%king metric measuring tape, I used one for 35 years. What is wrong with you? I was using Ansi back in '85 for Godsakes, you act like you are giving birth just wrapping your head around it.

 

[Terrel L. Shields]

, do I get special favors? ... I mean will she help us appraisers

Help throw you under the bus. Don't worry. It's an electric bus.

Back to the OP... If it is GLA (minimum height etc., finished) then it is not "attic" imnsho. It is an upper story - half story, whatever you want to call it...but not attic. If it open and visible to the first floor, then it is a loft.

 

[sputnam]

Let's get real for a moment. 1- Measuring to the inch is more accurate than measuring to 1/10th of a foot. What the ANSI standard (and Fannie) was trying to change was appraisers rounding off dimensions to the nearest half foot or even foot. That much rounding can clearly change the SF calculation. 2- It's actually simpler for the appraiser to measure to 1/10th foot. Got to a big box home improvement store and buy a fiberglass tape measure for about $15. One side is feet and inches. The other side is feet and tenths. Use the tenths side and you don't have to convert before you do a rough calculation of SF in your car after the inspection. If you use a digital measuring device you can choose.. inches or tenths. It does the work for you. Either way, you will comply with ANSI. 3- Quit whining about ANSI, buy the ANSI book (or the book for the ANSI course), read it.. maybe take the class. ANSI is and will remain the 'law of the land' for most residential appraisals. Either get on board or retire.

 

[PushinValue]

That's a new one. Source?

FNMA selling guide

 

[Dublin ohio]

FNMA selling guide

Nice try. No cigar

 

[andrew81]

FHA does not have ansi measurement requirement.

....

Depending on design of the home, a few times I have called the 2nd level of a 1 story home with a finished 2nd level a finished attic. More so I have called the 3rd level of a 2 story home with a finished 3rd level a finished attic.

....

It allows the GSE avm to be more accurate.

From reading FNMA newsletters and my limited knowledge of UCDP, the requirement to use ansi is so there is at least some Uniform measurement all appraisers are using. In the same market if one appraiser believes assessor records are good enough and copies the assessor sketch, but another appraiser always does their own measurement, there can be large variances. If both appraisers acknowledge that a personal sketch should be measured using the same standard, then they maybe off by a few 0.1 on few walls and the finished sqft maybe off by some number, but it will be closer than not following the same standard.

It's about making the machine work better.