Hybrid

[djd09]

The Blog is great.

 

[Non Sequitur]

The Blog is great.

A great work of fiction.

 

[djd09]

After a vicious and unproved appraiserblog attack on someone I consider one of the best in our industry

Who got attacked?

 

[djd09]

A great work of fiction.

As good as the propagandist around here.

 

[Non Sequitur]

Who got attacked?

I would share her name with you privately but I don’t trust you since you backed out on the Appraisers Cancer Fund contribution.

But it is out there, it mostly played out on the trash blog and Facebook.

 

[djd09]

I don't care who it was. I don't care you don't trust me. The usual spin to make it personal is in the book of radicals. Good try.

Now baloney sandwiches for everyone. But you can't see it before you eat it. Enjoy.

 

[George Hatch]

I was responding to your use of emojis - your accusation that I was drinking. Then I thought better of it. But, you apparently didn't. I can't help that.

WRT your repeated allegations that I am pimping for the AMCs (which I understand that you intend to be insulting) I'll say this:

If everyone was getting all the 1004s they wanted at the fees they wanted then we wouldn't even be having this discussion. However, I'd still have exactly the same opinions of what is and isn't an appraisal. If the big giant meteor entered Earth's atmosphere, and broke apart with each piece wiping out the offices of all the AMCs in America I would still hold the same opinions of what is and isn't an appraisal. if/when the regulators chime in on the issue and outlaw these hybrids I will acknowledge those facts, but to whatever extent they're allowing the use of these hybrids I'm going to acknowledge that as well.

So whatever flavor of kool-aid that is, that's what I'm drinking.

 

[Terrel L. Shields]

very, very few appraisers have ever successfully been sued by the lender

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The lender won't sue, but the regulators can quite literally ban you from bank work, and fine you and the FDIC claims that the statutes of limitations doesn't apply in a bank they take into receivership.

lays out the requirements for "identify the characteristics of the property that are relevant to the type and definition of value and intended use of the appraisal", and there are explanatory comments included

Pretty subjective isn't it? So, George, how many hybrids have you done? zero, I'm guessing? Why? Liability? Fee? Both?

Appraisers are accountable to the scope of the work decisions, and for the scope of the work being credible for the intended use,

I repeat myself but how can I be "responsible" for a scope of work someone else dictates? It's like a pill you take that's too big to swallow, it isn't going to be much better as a suppository.





​

 

[George Hatch]

The lender won't sue, but the regulators can quite literally ban you from bank work, and fine you and the FDIC claims that the statutes of limitations doesn't apply in a bank they take into receivership.

Pretty subjective isn't it? So, George, how many hybrids have you done? zero, I'm guessing? Why? Liability? Fee? Both?


I repeat myself but how can I be "responsible" for a scope of work someone else dictates? It's like a pill you take that's too big to swallow, it isn't going to be much better as a suppository.

​

I don't know how you could guess so wrong when I've repeatedly said otherwise on this forum over the years.

I've done about 100 desktops - almost all on non-residential properties. And for which I had even less "information" from which to work. I have never once worried about either the lenders or their regulators or the other parties I've done them for because I go to the effort of matching the service with the intended use. Moreover, I say what I do and I do what I say - which THAT is what appraisers get blackballed for crossing; not making controversial SOW decisions.

So contrary to the repeated allegations otherwise I absolutely will do a less than "`1990s Complete w/ no Departures" assignment if I think the fee warrants it or if I''m doing it to service a client relationship. I've done it before and I'm sure I'll do it again.

as for

I repeat myself but how can I be "responsible" for a scope of work someone else dictates? It's like a pill you take that's too big to swallow, it isn't going to be much better as a suppository.

It's always up to the appraiser to accept/reject any assignment that has what they considered to be substandard or conflicting assignment conditions. Just because a client has something in mind doesn't automatically mean they're wrong; they're only wrong if they're actually wrong.


The only reason any client is getting away with offering $50 or $75 or $125 for one of the hybrids in question is because they apparently have qualified vendors who will take those assignments at those fees. if you guys are pissed off about that then you should probably talk to them about it.

 

[Terrel L. Shields]

I've done about 100 desktops -

desktops or true hybrids with a Realtor photo and inspection for under $100, like being offered?