Does ANSI apply?

[TerryRohrer]

I be fool

Fixed it for ya, with a nod to Mister T! We pity the fool!

 

[Fernando]

There is nothing "arcane" about ANSI Z765-2021. It was an update to a standard that is decades old. Many appraisers were using ANSI or something very similar to it before Fannie required it. I didn't know it was ANSI at the time but, from my 1st day as an appraiser trainee... prior to licensing... I was taught to measure using methods that were almost identical to ANSI.

Since ANSI has been mandated by Fannie, every professional appraiser who wants to do residential appraisals for the secondary market needs to learn and use the ANSI standard. Whining about it, refusing to learn it, refusing to understand... isn't going to do anything. Fannie said 'use ANSI'.

ANSI is set of rules. We don't need to remember it. If need details, just go and read it.
Fortunately, we just need to follow Fannie's ANZI.
Bert would say you don't need to be Mensa to read ANZI. Yet many still confused with the arbitrary set of rules dictated to appraisers.
Appraisers may not like it but has to follow ANZI. And in America we can complain, and complainers can complain about complainers.

 

[Tom D]

ansi is a metric tool fixing an america car. will work if you twist it enough, but not a right fit. free the oppressed measuers.

 

[sputnam]

ansi is a metric tool fixing an america car. will work if you twist it enough, but not a right fit. free the oppressed measuers.

Wrong. Using ANSI does not change the dwelling you measure in any way. It is simply a standard for describing the size of a dwelling.

 

[Tom D]

i stated right, using a metric tool doesn't change the car. it just isn't the proper tool to do the right job. why in all this ansi life time it has suddenly become the savior of GLA. i'm not saying we couln't use it, but it's no the perfect ĺike you 1/10ers scream it is. but we all have to adapt, don't we. resistance is futile.

 

[Fernando]

I wasn't happy when Fannie required the 1004MC. More work and no increase in appraisal fee. Now some clients don't require it.
I didn't complain then and followed the rules.
Now I'm older and still follow the rules but I can state my displeasure with ANZI.

 

[Tom D]

why in all this ansi life time it has suddenly become the savior of GLA. i'm not saying we couldn't use it, but it's no the perfect like you 1/10ers scream it is. but we all have to adapt, don't we. resistance is futile.

im answering my own question with a question. fannie billion dollar company couldn't figure out some added functional measuring rules, other than forcing ansi, and just say do this or this. because 1 inch below ground isn't a basement, and no one looking at it thinks it is a basement. but now, oh noooo, it's not GLA. we want ansi GLA, but they are not bright enough to already have a form prepared for ansi measurements. could not they have waited for the new uad form. probable won't be no separate ansi GLA line, none ansi GLA line, basement lines on that new form either.
a 50 cent company would have this solved with a more simple solution, or the right form. i'm starting to foam at the mouth with this incompetence that we have to twist ourselves into. am i getting into the dementia thread with my comment here. however, i do mostly big city little row homes, ansi doesn't affect me much. but when it does, boom.

or maybe they figure we will be broken in for the new form which has this nonsense on the grid.

 

[Terrel L. Shields]

It is the required standard for GSE appraisals... and it's becoming the standard for residential appraisals generally.

No. It is the GSE standard, FHA too I presume? But they don't own the lending world and they don't own the textbooks...or, even write them. They write their own standards, not someone else's. The Realtors don't use ANSI. The Assessor doesn't use ANSI. So, that leaves only one party that does. Secondary market. And believe it or not about 50% of residential loans are not part of government financed loans. And they do not require ANSI.

 

[sputnam]

No. It is the GSE standard, FHA too I presume? But they don't own the lending world and they don't own the textbooks...or, even write them. They write their own standards, not someone else's. The Realtors don't use ANSI. The Assessor doesn't use ANSI. So, that leaves only one party that does. Secondary market. And believe it or not about 50% of residential loans are not part of government financed loans. And they do not require ANSI.They do not require ANSI.

That's what I said. Please read more carefully. I said, "...becoming...". I did not say it was REQUIRED. At least one AMC that I'm familiar with includes the requirement that the report state that ANSI was used... in nearly every resdential appraisal request. The exceptions are things like drive-bys, multi-family, condos, etc.

 

[Zoe]

That's what I said. Please read more carefully. I said, "...becoming...". I did not say it was REQUIRED. At least one AMC that I'm familiar with includes the requirement that the report state that ANSI was used... in nearly every resdential appraisal request. The exceptions are things like drive-bys, multi-family, condos, etc.

Yeah. It is ironic appraiser sets the sow but the client wants what they want.