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Feb 4th GSE requirements

Here comes another entry. Reportedly by the Solomon folks.
View attachment 96679
I tried it today. It's easy and I really like it. I did two different reports with it. One with lots of comps. One with very few. You have to play with it, but in the end it really worked well. I had been doing my own Excel worksheet regression analysis pairing days since sale to the effective date and purchase price to come up with a per day since sale adjustment. Teeba was much easier. For $20/month count me in.
 
Another is an unlocked spreadsheet, I think for $99 (once), that has been posted on Facebook. There are 5 Youtube videos discussing it. The author is pretty sharp and thoughtful.

 
Does this apply to ALL appraisals (ie condo or multi family) or only Single Family.
 
All appraisals that are developed for properties that will ultimately be securitized by the GSE's.
 
current sales reflect the market trends...any adjustment not made was due to conflicting and or lack of verified market data...any waived purchase was not included in the market analysis for obvious reasons :rof:
 
Next they'll want me to prove my $10/sqft GLA adjustments on Q3 homes.

Seriously, I would like to see some Skippy faces when they get that first email back wanting them to explain their date of sale adjustments (which were used only to support an otherwise unsupported value to hit sales price.)

"Ahhh, the market was worser in the months the comps sold so I added some dollars to their price, cause its betterer now. Yeah, that's what I did."
Taking me back to the days of not subtracting concessions and simply claiming there was no market influence on a $20k net loss to the seller.

I'm going to give all of you the most important advice on this matter.

Simply don't apply time adjustments. See how easy regulatory compliance is?
 
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