Is anyone busy?

[Alsie35]

I got an order today and it's complex in that no similar comps ...and in shady area.
What's with AMC setting me tough assignments. I'll just neglect the order.

Is that 'Fernandospeak' for ' I'll turn the order down?

I accept nothing til I've had a chance to check the comps situation ... the smart way to do it ...

 

[Fernando]

Is that 'Fernandospeak' for ' I'll turn the order down?

I accept nothing til I've had a chance to check the comps situation ... the smart way to do it ...

Do appraisers just accept an order without checking out the comps? If few, I know will take more effort and I add a premium to my fee.
Also, I check on the loan amount of the owner on the order. If the loan amount is "too high" based on my preliminary check on comps, I decline it.

 

[sputnam]

I got an order today and it's complex in that no similar comps ...and in shady area.
What's with AMC setting me tough assignments. I'll just neglect the order.

I don't decline assignments because I think they will be harder. I decline because the fee offered isn't enough to pay for the additional work involved in 'harder' ones.

 

[Tim Hicks (Texas)]

Sometimes even checking comps does not save you. If public records are way off on the subject or there is something different from the last sale 8 years ago. Sometimes you are just walking into an appraisal battlefield no matter how careful you thought you were.

 

[Fernando]

I don't decline assignments because I think they will be harder. I decline because the fee offered isn't enough to pay for the additional work involved in 'harder' ones.

Every appraisal has a fee to be acceptable.
If fee too low, request higher fee to client.
When appraisal is perceived to be very time consuming, it's difficult to know what would be "fair' fee so ask for a very high fee or decline.

 

[Fernando]

Sometimes even checking comps does not save you. If public records are way off on the subject or there is something different from the last sale 8 years ago. Sometimes you are just walking into an appraisal battlefield no matter how careful you thought you were.

Recent decline had no information on subject's characteristic. Red flag.
And from Zillow's photo, subject looked to be in bad condition. Red flag.
And it was recently purchased in 9/2025 (possibility of flip?). Red flag.
So many unknowns and possibilities to have complications with the appraisal.

 

[Sadie]

Recent decline had no information on subject's characteristic. Red flag.
And from Zillow's photo, subject looked to be in bad condition. Red flag.
And it was recently purchased in 9/2025 (possibility of flip?). Red flag.
So many unknowns and possibilities to have complications with the appraisal.

The recent purchase could be someone fixed it up and wanted to get the cost of improvements into a 30 mortgage

 

[Fernando]

The recent purchase could be someone fixed it up and wanted to get the cost of improvements into a 30 mortgage

I hope so. If not, a fixer is a problem for client.
Never understood why lender would not tell borrower of their concern of fixers when chance of getting a loan is poor.
And if property in process of remodeling, another possible lender reject.
So many issues that can be. What happened to the simple cookie cutters?

 

[Alsie35]

I hope so. If not, a fixer is a problem for client.
Never understood why lender would not tell borrower of their concern of fixers when chance of getting a loan is poor.
And if property in process of remodeling, another possible lender reject.
So many issues that can be. What happened to the simple cookie cutters?

You know well what happened.

They went the way of the waiver.

All thanks to our good friends at Fannie Mae, who swear up and down on their grandmothers' Bibles, while looking us in the eye, that oh no, they're not interested in getting rid of independent appraisers.

/Sarcasm intended/

 

[Terrel L. Shields]

New construction - 2
Land - 1
Mineral- I go to the CH to research tomorrow - 300 mile day tomorrow. $210 in mileage alone.