Exterior farm debris

[Mark K]

I know you and Fernando..

Eff You. Yes, you deserve that.

When I appraise farms, I have no trouble distinguishing cows, horses, and all other classes of livestock, and machinery, equipment and vehicles, from the real property. If they want the personal property valued, it is done for an additional fee in a different report.

I'm glad to see that you know the difference between cows, horses, etc. Apparently you don't understand the difference between a clean site and one that has an extensive amount of farm junk/trash/debris that goes back decades and would cost a potential buyer thousands of dollars to clean up.
It negatively affects the value of the overall property to EVERY borrower; it should matter to an appraiser that is trying to establish market value.

The last one I encountered took 6 40-yd dumpsters and a backhoe and a front loader two days to remove to the tune of nearly $10K.

But you do you and most others will do it properly.

 

[TerryRohrer]

Eff You. Yes, you deserve that.


I'm glad to see that you know the difference between cows, horses, etc. Apparently you don't understand the difference between a clean site and one that has an extensive amount of farm junk/trash/debris that goes back decades and would cost a potential buyer thousands of dollars to clean up.
It negatively affects the value of the overall property to EVERY borrower; it should matter to an appraiser that is trying to establish market value.

The last one I encountered took 6 40-yd dumpsters and a backhoe and a front loader two days to remove to the tune of nearly $10K.

But you do you and most others will do it properly.

Now you are channeling JGrant!

 

[Terrel L. Shields]

As a fellow said years ago, "I am the first driveway South of the stoplight. My name is Rabbit. I'm Indian. You'll know my house because there is a car sitting on concrete blocks and no tires in my yard." And, yes, his last name was Rabbit.

In the Cherokee nation I've appraised Turtle, Shotpouch, Fourkiller, Tenkiller, and Buzzard before.

 

[Mark K]

In some parts of the country having a freezer and refrigerator on the front porch and few cars on blocks in the front yard is a sign of wealth.

 

[sputnam]

This comment may bring this stip. Did any of the comps have a similar external deficiency. Would the lower end be more lower if you adjusted for adverse marketability. I think a cost to cure adjustment might be better. A requirement? Let the underwriter make them do it. I see a similar comp request stip, or adjust for it, if it is a negative factor. Or say it has no affect on value or marketability, hahahaha. If you have to say a required item to do, then does that change your as is value . Being paid enough for this one.

No. The reconciliation belongs to the appraiser. You can get a request for revision because your comments aren't clear... but, since you aren't making any adjustments, there is nothing to support. If the data is available, then extracting the market reaction to the debris is preferable. Good luck finding data that matches your subject in that regard.

 

[Tom D]

No. The reconciliation belongs to the appraiser. You can get a request for revision because your comments aren't clear... but, since you aren't making any adjustments, there is nothing to support. If the data is available, then extracting the market reaction to the debris is preferable. Good luck finding data that matches your subject in that regard.

Wha? Everything you send belongs to the lender's underwriter and reviewer. You have excess debris all over the yard and you say nothing to support, you have no adjustment, not warranted. I'm sure all your comps have the similar junk yard look, so no adjustment or negative factors. I'm the mort broker, love this appraiser.

 

[Terrel L. Shields]

Assume it away. Value based upon the extraordinary assumption that the debris will be removed from the site before a sale.