How many actually believe 3.6 will be fully implemented this year?

[NC Appraising]

https://www.boxli.AI/FAQ

Fresh off the email

Continuous Scanning Has Arrived

With our latest release, you can now scan an entire property in one continuous workflow.
As BoxLi captures the geometry needed to build an accurate floor plan, a white mesh appears, providing real-time visual confirmation that the required geometry has been successfully captured.​

Available Now — FREE
Download BoxLi Mobile from the App Store or scan the QR code below.

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Coming Next: Full UAD 3.6 Property Data Capture

Immediately following this release, we'll introduce the next generation of BoxLi—a complete UAD 3.6-compatible property data capture solution.

Using a LiDAR-enabled iPhone or iPad, BoxLi will capture the property's geometry while automatically collecting the structured subject property data needed to populate virtually all of the subject property data fields required for a UAD 3.6 appraisal report.

 

[Airstream]

https://www.boxli.AI/FAQ

Fresh off the email

Continuous Scanning Has Arrived

With our latest release, you can now scan an entire property in one continuous workflow.
As BoxLi captures the geometry needed to build an accurate floor plan, a white mesh appears, providing real-time visual confirmation that the required geometry has been successfully captured.​

Available Now — FREE
Download BoxLi Mobile from the App Store or scan the QR code below.

[td]

[/td]​

Coming Next: Full UAD 3.6 Property Data Capture

Immediately following this release, we'll introduce the next generation of BoxLi—a complete UAD 3.6-compatible property data capture solution.

Using a LiDAR-enabled iPhone or iPad, BoxLi will capture the property's geometry while automatically collecting the structured subject property data needed to populate virtually all of the subject property data fields required for a UAD 3.6 appraisal report.

I am on Indeed when I was looking for some part time work. I’m still on it, and I get weekly postings for people to do property inspection to be used for appraisals. I talked a real estate agent about 2 weeks ago. Company actually sent her all the equipment to scan and photo houses to be used for appraisals. She never did it, because they don’t want to pay anything.

But here’s the problem. Just this week I did an inspection on a house. It violated all kinds of zoning issues. After calling zoning and talking to the lender they chose to cancel the loan. Do we actually think some flunky that has never been an appraiser will catch something like that and report it? Well we all know the answer on that one.

 

[Surf Cat]

She never did it, because they don’t want to pay anything.

What $$ amount is anything?

 

[Airstream]

What $$ amount is anything?

$125. And this is in a rural area where driving to a property may be 20 to 30 miles away.

 

[OSU Beavers]

Wouldn't it be funny if the GSEs forcing 3.6 ended up crashing the real estate market?

 

[Airstream]

Wouldn't it be funny if the GSEs forcing 3.6 ended up crashing the real estate market?

I am moving more and more in the direction of just ending it in September. That’s when my E&O and other fees come due. This is going to be such a mess. Everyone is going to be angry at appraisers for not getting in reports. I really don’t need the stress at 71. I don’t need the money. If they weren’t changing things I think I would continue. But every single inspection is going to be full of stress. Software is going to have bugs. Tech support lines will on hold for hours. Etc Etc.

 

[Trihard]

Wouldn't it be funny if the GSEs forcing 3.6 ended up crashing the real estate market?

Lyle Radke did a chat yesterday and he said the GSE's are not changing their minds about 3.6 in November.

 

[OSU Beavers]

Lyle Radke did a chat yesterday and he said the GSE's are not changing their minds about 3.6 in November.

Damn the icebergs, full speed ahead!

 

[Sadie]

Lyle Radke did a chat yesterday and he said the GSE's are not changing their minds about 3.6 in November.

Too bad. The 3.6 is bad now, but given more time, the software companies might be able to come up with a very workable product. The GSEs did not given them enough time for their programmers to get it right. Just enough time to make it barely functional. They (the GSEs) hemmed and hawed and dinked around making up their minds and getting the software companies approved when time was running out fast. Yes we all knew this was coming. But announcing something and making that something into a workable product are 2 different things.

Has anyone heard back from the lending side about how it is working for them?

 

[Amy Perkins]

Spoke to ACI about the problem I see being able to navigate through forms. Sometimes we dont have all the data especially with new subdivisions and we need to be able to move around it. Too many drop downs...