How Do You Describe The Subject Property?

[The Warrior Monk]

I limit use of acronyms in my narrative, except when it becomes cumbersome to write them out. When they are used, they should be defined, except in the case of the blatantly obvious, e.g., FHA in a report written for the GHA.

The acronym needs to be defined only once: the first time it is used. An example would be:

The gross living area (GLA) of the subject 14,000 square feet. Homes with similar GLA are not common in mobile home parks.

 

[Josh Shapiro]

For all of you that preferr to write paragraph after paragraph you will be happy to know that more and more Underwritting is being sent oversees. They could care less about the smell of fresh apple pie coming from the kitchen. Most of the time alls they see is page 1 & 2 of the URAR. However, I too like to describe things but to the minimun. I like to at least fill the lines provided to me on the form. It just looks better, cosmetically. Anything after that I reserve for deferred maitenance, improvements, upgrades, ect... I try to put all deferred maitenance at the begining as most account reps or maortgage brokers like to forget to send the addendum pages to the Underwriter if they include anything negative that will hinder there loan process.

 

[Mike Kennedy]

Josh............."preferr, Underwritting, alls, minimun, maitenance, ect, begining, moartgage, there".............hope you continue to use all those "non-english words and abbreviations and that misused word" if only to confuse the "oversees" folks.

 

[Jungle Boy]

oversees,
theirs won more, butt I'm knot shore if it's write or wrong.

I agree with the less is more crowd. 12 photos, 6 interior & 6 exterior saves the fingures much typing time.

 

[xm39hnu]

Josh............."preferr, Underwritting, alls, minimun, maitenance, ect, begining, moartgage, there".............hope you continue to use all those "non-english words and abbreviations and that misused word" if only to confuse the "oversees" folks.

Okay, Mike. Here you are with another attack against someone else, after you've admonished me to stay on topic. Your posts aren't the most well-composed that I've read, and I don't think you have much room to criticize others. Let's stay on point. It's e-mail, for chrissakes, not an English class.

 

[Kate]

I have been eating up this thread!!!!!!!

The first two years of my training I explained in detail every aspect of each property and the comparables. I thought that was how everyone did it.

Then I moved on to the next mentor who demanded it only to be on the form and no addendums. Wow what a paradigm change!!!

Now I don't think either extreme is right unless there is an issue with the marketing of the subject.

 

[CANative]

Now I don't think either extreme is right unless there is an issue with the marketing of the subject.

You have learned much, grasshopper.

Keep it as simple as the complexity of the problem will allow.

 

[Josh Shapiro]

Mike,
I'm sorry for the mis-spelled words. I was trying to type, eat, play with my 2 year old and well, just plain make a point. The fact that you have nothing better to say than pick apart a post doesn't say much about you or how you spend your time.

 

[Stephanie Welch]

I'm going to disagree with the majority. I have had several loan officers tell me that they like the way I write my description. Mine are typically like the ones that everyone is critiquing. The LO's have told me, that based on my description, they are confident that I have actually been in the property as compared to other appraisers. Hmmmmmm, I think I will keep on doing what I'm doing.

 

[Mike Kennedy]

I don't think you have much room to criticize others. /QUOTE]

Opinions vary. You obviously chose to criticize my prior posting when clearly failing to actually read ....

"yes..........."busy street with heavy traffic" (could add secondary access road, or county highway etc., leading to commercial district if applicable.) Short - sweet - concise! "

(could add secondary access road, or county highway etc., leading to commercial district if applicable.)" which clearly indicates narrative, when appropriate, is required. The majority of the other posts reflected redundancy and reiteration of Subject Information already contained on Page One of a typical report. Guess you missed that. State an Opinion based on fact and we have no problem. You may also have missed the post to Josh had a Laff Smiley which typically indicates a joke and/or "tongue-in-cheek" comment.

Ooops, i forgot to be brief. Darn.