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Hybrid appraisal report

And would not our due diligence suggest we should have uncovered any errors, or at least some errors? And, how many mistakes could be made by the Property inspector before we have zero confidence in any of it.? And for all the work uncovering the fraud, do we get paid? Of course, we don't get paid.
Stop it.... don't worry about discrepancies in GLA, materials stated, and external obsolescence. Go with the flow chart below and you will be fine.

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Well...competence is competence, and I have seen over the years way too many people from a given area whose competence in their own backyard is questionable. Certainly, the issue is broader than mere geography. Who will provide the best appraisal for a large urban mall? The local CG or the appraiser who lives in Florida and does only large urban malls nationwide? Ditto Golf courses, resorts, airports, mega-warehouses, etc.
Geography is not the only mark of competence of course, but it is important in residential appraisals, where the values are greatly affected by areas and local factors that an outside would not realize. Commericl of course, is different wrt teh competence is often a property type which can transcend location - and investors are interested in income, not living in X location for their own sake.
 
and yes, I am not so isolated from the GSE trade to realize the UAD doesn't operate in fractions. But it could)
It does for me. Not all C4s or C3s are the same, we all know that. I adjust accordingly, as much as possible given supplied listing pics and comments, and simply explain it. Never had an issue with that ever.
 
And I’m old enough to remember when the majority of the uber-appraisers here sang the praises of HVCC and that magnificent psilocybin fueled pipe dream that was the IVPI, and how it was going to have our backs. I was ridiculed for saying both were foolish, I stated exactly how that was going to turn out, and was 100% correct. So, fire away, I’ll take the criticism here, as well, no sweat.
 
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