Average condition?

[AnonApprsr]

How can that make sense to you .. you call everything average and yet you just have a poster say if its below average FHA doesnt wnat it unless its repaired ... no repairs would ever be done on properties you appraise .. they are all average in relation to one another ... right?

No. Not REOs anyway. I'm talking at worse the Average properties would need new carpeting, and perhaps a few windows. These days in the REO Apps I do, few are average. I exaggerate, but only to see that people over react. W/E.

Luckily the FHA work I've been doing, they have been Average or better.

 

[PropertyEconomics]

No. Not REOs anyway. I'm talking at worse the Average properties would need new carpeting, and perhaps a few windows. These days in the REO Apps I do, few are average. I exaggerate, but only to see that people over react. W/E.

Luckily the FHA work I've been doing, they have been Average or better.

Ok now Im going to call you on this because these are your words:

I always used Average, Average/Good, Good. If the house is the crappiest house ever, guess what? It's Average. I will find a crappy house to compare it to that will also be Average. Sometimes if I'm comparing new construction to 1-3 year old homes, it would be Good and Superior. But that's rare. I've never used fair, seems like a term that appraisers shouldn't use.

From these words we can literally take, your meaning, that even the crappiest house is average ... those are your words. No amount of backpeddleing can take them back. If you have made a mistake that is fine, but your words are your words and you were very clear about what you do.

Im sure there are many appraisers out there that have been instructed as you have, and poorly if so, that average for the neighborhood is average and appraisers should never use the word fair. This stance could easily lead to a false and misleading report .. I hope you now realize that.

 

[AnonApprsr]

Back Peddling? Perhaps. Exaggerating? Perhaps. Enjoying your response? Definitely.

I still think you have good intentions towards me, but you underestimate me. Oh well, I'm having fun, are you?

 

[CANative]

Why not just use what the valuation protocol requires?:

Sales comparison Analysis:
Condition • Enter the condition of the subject and comparable sales.
• Ratings to be used are: “New”, “Good”, “Average”, “Fair” and “Poor” or a combination if more accurate.
• Consider required repairs or alterations, to the subject, completed when determining the need for adjustments to the comparable sales.

Interior Materials/Condition
Enter the types of Materials and rate the observed Condition of the Materials (Good, Average, Fair, and Poor) and whether or not the item(s) described require repair, replacement or further inspection. Make every effort to describe accurately and explain in detail "Fair" and "Poor" ratings. The rating must relate to the habitability of the house given local standards.

Exterior Materials/Condition
Enter the types of Materials and rate the observed Condition of the Materials (Good, Average, Fair, and Poor). Make every effort to describe accurately and explain in detail “Fair” and “Poor” ratings and whether or not the item(s) described require repair, replacement or further inspection. The rating must relate to the habitability of the house given local standards (Photo documentation of property condition is always advisable).

 

[AnonApprsr]

I disagree with "New" what does that mean? What if it was built in 2005, and no one bought it untill 2008? Is that "new"?

 

[timd354]

No. Not REOs anyway. I'm talking at worse the Average properties would need new carpeting, and perhaps a few windows. These days in the REO Apps I do, few are average. I exaggerate, but only to see that people over react. W/E.

As we've seen by your posts, every property you appraise is average or better whether or not that is really the case. At first I thought maybe you were ignorant or incompetent, but from all of your posts and rediculous arguments on the subject, it is my honest opinion that you are just another dishonest appraiser. Unfortunately, that would make you have a condition rating of "poor" in the sales comparison grid if I were appraising you as an appraiser. Of course, I am sure that if you were doing an appraisal of yourself, you would just compare yourself with 3 other dishonest skippies and rate yourself as "average" or, more likely "good".

 

[PropertyEconomics]

Back Peddling? Perhaps. Exaggerating? Perhaps. Enjoying your response? Definitely.

I still think you have good intentions towards me, but you underestimate me. Oh well, I'm having fun, are you?

So either you are a troll ... which is bad. You are not capable of real appraisal .. which is bad. Or you havent learned how to joke on the forum ... which is bad.

I, like many posters here, will take you at your word ... and right now at your word .. is bad.

 

[AnonApprsr]

PE, I haven't learned how to joke on the forum yet. I took your lesson to heart though, and I will try to use smileys more. but they aren't on my reply place? Help?

 

[PropertyEconomics]

I disagree with "New" what does that mean? What if it was built in 2005, and no one bought it untill 2008? Is that "new"?

NO .. its three years old and never occupied. Do you really ...............

Never mind.

 

[AnonApprsr]

Ok fine.... I will figure out the smiley faces eventually.