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I am not confused. I am confident that measuring, as appraisers do - rapidly and with purpose- means the "accuracy" is far less than the "precision' and therefore, it another 'wink wink' - pretend you are as accurate as you are precise and fudge the numbers if necessary. Smoke and mirrors, gaslighting ourselves and pretending it isn't happening.
Yes, but this was before Fannie came out with the new rules this year. If it's even half below grade Fannie wants it in the below grade area. Like I said, adjust however you want... but if it's under ground, no bueno.
If its even 1% below grade its below grade. Just make sure you adjust based on the market and explain why the adjustments look weird.
FNMA always allowed an exception. Just now you have to state the exception code GXX001
Only if you're talking about a typical basement level. Not if it is typical GLA.
You need to read ANSI again.
That was an example, not a limitation, lolyeah the exception is when the house is completely underground
Has nothing to do with ansi rules. We're talking about Fannie Mae's rules and it allows exceptions for ansi use in atypical situations.
