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Fannie Mae's Top Appraisal Defects

Anything of substance to contribute or just more personal attacks?
I've been waiting for you to come up with some viable solutions to all of your complaints. Still waiting. If pointing out your inadequate comprehension of a statement is a personal attack. Sorry if I hit a nerve. It's been fun but I have grown bored
 
Here’s clue.; I’m not the one in power complaining about poor-quality appraisals.
 
But your are always complaining about the system in general. Still no solutions.

Look, I don’t think you understand. But I couldn't care less what your license status is. What I’m trying to drill into you is the same people who decided to tell you that you can’t appraise FHA because you’re licensed instead of Certified are the same people who continue to write the rules. These people don’t have the slightest ****in clue about what they are doing, and that includes the useless money-hungry politicians at TAF. They are brain-dead robots. Bert and I have suggested solutions to the problem, but each time we do we get attacked. If appraisers continue to follow these idiots there is no hope.
 
Following the GSE, TAF, FHA, and VA bots is a road to perdition.
 
Look, I don’t think you understand. But I couldn't care less what your license status is. What I’m trying to drill into you is the same people who decided to tell you that you can’t appraise FHA because you’re licensed instead of Certified are the same people who continue to write the rules. These people don’t have the slightest ****in clue about what they are doing, and that includes the useless money-hungry politicians at TAF. They are brain-dead robots. Bert and I have suggested solutions to the problem, but each time we do we get attacked. If appraisers continue to follow these idiots there is no hope.
You don't understand that not everybody complains about things they may not like or agree with. I know exactly who is responsible for what. I also realize that complaining does nothing more than raise my blood pressure. Sure you and Bert have some reasonable ideas and that is all they are. Ideas. No viable path that I can see to ever see them implemented. Appraiser's as a group don't have the "juice" or the social justice cause to garner sufficient attention to affect change. That's just the way it is. Whether I like it or not. Welcome to life. I'll change what I can and adapt as necessary to what I can't
 
that reads like a fannie obituary on appraisers. most of us have had some of the good times of appraising, but the end is almost here. from the little that i did see of the secrete CU print out, i wasn't impressed with it's choice of sales. but, if you understand what it does, you just do your work arounds. most lenders like a CU 2.5 out of 5 to be happy. anyone getting a 4 isn't doing something right. but it's possible to be difficult properties or rural stuff. but they also don't give anyone a clue on what they are looking for. i once had a lender underwriter give me a clue on an adjustment, fannie doesn't explain the why, but it was his guess from seeing it enough red checked.
as far as bad appraisers, there is a whole lawyer group just suing doctors, etc. so what is unique about a small % of appraisers being bad.
 
You don't understand that not everybody complains about things they may not like or agree with. I know exactly who is responsible for what. I also realize that complaining does nothing more than raise my blood pressure. Sure you and Bert have some reasonable ideas and that is all they are. Ideas. No viable path that I can see to ever see them implemented. Appraiser's as a group don't have the "juice" or the social justice cause to garner sufficient attention to affect change. That's just the way it is. Whether I like it or not. Welcome to life. I'll change what I can and adapt as necessary to what I can't

whining about exposing the truth...unbelievable :rof: :rof: :rof:
 
If an appraiser's adjustment rate for a property feature is challenged, the appraiser's response should be that a comparison of one adjustment rate is not valid without considering all of the other adjustments made.

So if Fannie's model doesn’t account for a feature, such as a large bottom line amenity, or it models location, view, condition, and quality differently than the appraiser does, then this impacts all of their modeled adjustments. Based on this, the best Fannie can say is that the appraiser's adjustments are different, not that their adjustments are "inadequate" or incorrect. They should know this being that they are so smart.
 
What I get out of it is that - in addition to mkt condition adjustments that commonly aren't being made at all - a lot of the other adjustments are made based on the appraiser's judgement instead of via "development".

Do something - anything. Don't do nothing.
 
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