Functional Utility

[Fernando]

In 1004, I know Fannie doesn't like the words - average, good, excellent.
I always put Average in the Functional Utility grid for comp adjustment.
Just wondering, do you do that or do you have better term,

 

[Atlanta CG]

Equivalent

 

[J Grant]

Adequate.

 

[Tom D]

Since i've rarely seen anybody use that line, or understand it, you put in whatever you like. Can't wait for the new uad to see how it handles functional utility.

 

[Tom4value]

Average.
Never had a problem.

 

[Fernando]

Average.
Never had a problem.

Then what's up with Fannie wanting us to put C & Q ratings instead of Average, Average (-), Average (+), Good, Good (-), .....

 

[Dublin ohio]

Then what's up with Fannie wanting us to put C & Q ratings instead of Average, Average (-), Average (+), Good, Good (-), .....

Ask Fannie

 

[Fernando]

Ask Fannie

Fannie didn't have a real appraiser like me to make a consistent better 1004.

 

[Dublin ohio]

Fannie didn't have a real appraiser like me to make a consistent better 1004.

You should apply for a job at Fannie. I am sure they have a position for you considering your high opinion of yourself

 

[Fernando]

You should apply for a job at Fannie. I am sure they have a position for you considering your high opinion of yourself

I just applied with a new Thread.