Bifurcated, Hybrids and True Footage

[Mejappz]

PAREA & the ASC

They don't care. Bunton is soon off to retirement with a mega pension plan.

 

[Non Sequitur]

the crooked commie coumo AMC system sold out the independent appraiser. just like i have been saying. i bet eappraisit had staffers too. see how that worked. of course the banksters wanted that system, they control the appraiser with paychecks and work flow.

The only way to cut the head off of the snake is to run GSE/lending origination through a VA style system. Then and only then AMCs won't be able to game the system via their license.

 

[Mejappz]

Those AMCs target the hungry low end appraisers. I did a few and it sucked. I charged an arm and a leg for them too. Lol. Sure pay me $500 to type one up and I will do it. Otherwise, I won't do it to so that my fellow appraisers can keep control of the market and charge high fees.

No doubt. And they are putting the public trust in harm's way. All with the help of TAF, the GSEs, the so-called appraisal organizations, and the crooked state boards.

 

[djd09]

CubiCasa Partners with Accurate Group to Further Increase Digitization of Appraisals​

CubiCasa Partners with Accurate Group to Further Increase Digitization of Appraisals

Accurate Group becomes the latest company to leverage CubiCasa's tech-enabled appraisal technologySAN JOSE, CA / ACCESSWIRE / January 27, 2022 / CubiCasa, a global-reaching real estate software company headquartered in Oulu, Finland, has announced a partnership with Accurate Group, a leading...

finance.yahoo.com

oh i am pretty sure 'accurate' group was the company coumo had vested interest in when he and fannie went into a dingy back room and concocked the unconstitutional hvcc

 

[Non Sequitur]

He's getting out while the gettin's good:

The Appraiser Coach Podcast

SUBSCRIBE: https://dustin-harris.mykajabi.com/newsletters/2147763779/subscribe

theappraisercoach.libsyn.com

 

[Mejappz]

He's getting out while the gettin's good:

The Appraiser Coach Podcast

SUBSCRIBE: https://dustin-harris.mykajabi.com/newsletters/2147763779/subscribe

theappraisercoach.libsyn.com

He knows we’re the cash is and it isn’t in appraising.

 

[Non Sequitur]

The hard sell is starting: Sign over your book of business, work as a W2 employee, complete 5-8 a day from your desk for $80-100k a year.

 

[NJAPRAZE]

I believe this is where Dustin Harris has gone to. I think he sold his last business venture. One more guru selling out or is this deemed OK by most fee appraisers?

GURU = "self-proclaimed" expert

 

[NJAPRAZE]

These developments are being driven by the technology, which will only continue to improve in both efficacy and cost as we go. Back when CMDC was a thing that info had to be manually transcribed into that database. Now it's just an automated app which extracts the data directly from the original ENV or similar.

Some of the big operations have systems online now that pull up all the appraisals in their database and all the listings and display them on a map overlay, similar to what you see in Zillow except more refined in the search and analytics. Those reviewers can see more of what has gone on in your subject neighborhood than you could ever see because you simply don't have access to what the other appraisers have been doing. As much as we want access to the UAD data, that info only comprises a fraction of it.

The other thing to remember here is the context of their usage. These lenders only need enough precision in their values in order to avoid grossly overencumbering these properties when they write a loan. They don't need the level of precision that a divorce atty might aspire to due to trying to eke every last dollar of equity out of the property on behalf of their client. So as long as an appraisal doesn't grossly overvalue a property and doesn't omit other relevant data about the subject such as its condition then that will represent the point of diminishing returns insofar as appraisal development goes.

The only reason there has been some emphasis on adjustments in the last few years is because of how many appraisers weren't doing any analysis to get to those adjustments; they were literally just pulling numbers out of thin air or off some one-size-fits-all list that they inherited during their prior servitude to some puppy farm. The GSEs point was and is that something is better than nothing. Almost anything is better than nothing. Group comparisons, sensitivity analyses, paired comparisons, GRM derivatives, etc.

yup .... collateral assessment = risk management. period.

 

[Non Sequitur]

yup .... collateral assessment = risk management. period.

Yep. We're turning into actuaries.