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First Domino Has Fallen

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DWiley said:
Agreed - with the addition of things the appraiser should know as well. For example, we have a neighborhood with a long history of karst soli conditions. There have been many news stories, newspaper articles, etc. about the soil in that neighborhood. Given that, there is (and should be) a reasonable expectation of appraiser awareness of that issue in that area. One doe snot have to be a geologist to be aware of the issue.
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Does that mean WA DC is not fit for homes with all the garage going in and out? :)
 
They know subsoil conditions are not readily available. So why do they include it?
 
djd09 said:
Are these not scientific questions relating to Geology?
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OK, I am a registered professional geologist in my state - the 25th to license. I used to work for a soils testing lab. Is my liability greater as an appraiser if I don't discover these items? Do you think I should at least be a little bit above the average appraiser is taking it serious? Can I predict a landslide, a sinkhole, or earthquake...No, I can't.

Yes, and every county has a soils map which will tell you what the soils are, what the properties are of that soil for septic systems, drainage, swelling, etc. There are earthquake maps available. There are flood maps available. There is a lot of info out there. But where is the cut off? What do we draw the line? I don't know. I don't think FHA or anyone else does, it's just a bunch of piffle but still a landmine for the appraiser.
 
Ben Carson wants to use 'secret shoppers' to monitor FHA, other agencies
http://www.housingwire.com/articles...secret-shoppers-to-monitor-FHA-other-agencies

Leaders will be changed soon. Be aware.
Who doesn't love secret shoppers?
 
If one is an appraiser in Central California and has concerns regarding competency in soil conditions, one could avail themselves to presentations such as being made in Modesto, CA, in the spring:

(see "The Nitty Gritty of Soil presentation):
http://www.norcal-AI.org/amass/doc-get-pub/event/345/2017_Spring_Conference_Brochure_1.pdf

I assume most are like me; when I think I need to gain competency in an issue* that affects my work, I take steps to gain that competency.

*(and I'll beat Howard or Resguy to the punch: yes, that is a long list! :rof:)
 
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djd09 said:
"Suitability of Soil
The Appraiser must consider the readily observable soil and subsoil conditions of the site, including the type and permeability of the soil, the depth of the water table,
surface drainage conditions, compaction, rock formations and other physical features that affect the value of the site, or its suitability for development or support of the
existing improvements.The Appraiser should also consider events and published reports regarding the instability of the soil and surface support of the land as related to the subject and
proximate properties. The Appraiser must analyze and report how this would affect the Property."
https://portal.HUD.gov/hudportal/documents/huddoc?id=40001HSGH.pdf

Did the appraiser disclose they are not a Geologist.
Did the board explain how to observe subsoil conditions without digging.
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Not all sink holes are attributable to soil conditions.

Fraser Michigan, just north of Detroit, a sewer line broke.
The sewer collapse was discovered after homeowners heard noises Christmas Eve and noticed their house was sinking. The sink hole that opened up was about the size of a football field, and the estimated costs to repair the sink hole are $78 million.

Read more

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