List of No No Words

[DTB]

The buyers might want to know those things. But does the lender really need those specifics

The lender would like to know those things if they eventually are selling the property wouldn't they?

 

[Flakey]

I wonder if you can indicate proximity to ICE detention facilities and Home Depot? Maybe give it a protest and fear score similar to walkability?

 

[Fernando]

We know there are ban words.
My subject is in "great" area. Would it be inappropriate to indicate complimentary words praising the area in neighborhood field?

 

[KHS445]

We know there are ban words.
My subject is in "great" area. Would it be inappropriate to indicate complimentary words praising the area in neighborhood field?

Just explain what makes it a great neighborhood. Proximity to shopping, no thru traffic, well maintained and similar quality houses, large wooded lots, school district test scores are above average, increasing property values, longterm residents/limited turnover, high percentage owner occupancy, etc.

 

[James Micozzi]

https://www.workingre.com/wp-content/uploads/2023/10/growing-list-of-bad-words.pdf

that is probably a soft list..snowflakes are falling then they melt

List is over two years old. the number of no no words have probably increased 10 fold

 

[ZZGAMAZZ]

The lender would like to know those things if they eventually are selling the property wouldn't they?

Stipulations today for "diverse."

 

[djd09]

List is over two years old. the number of no no words have probably increased 10 fold

some of the words are right on their forms...others i cant imagine anyone using in an appraisal report...and their seems to be quite a few missing such as pollack

 

[Fernando]

Before my report is finalized to be sent, the portal checks my report and have warnings on possible No No words.
I got called out stating "white", "average", "good", and "high".

 

[djd09]

1. Use of unsupported or subjective terms or statements to assess or rate, such as, but not limited to, “high,” “low,” “good,” “bad,” “fair,” “poor,” “strong,” “weak,” “rapid,” “slow,” “fast” or “average” without providing a foundation for analysis and contextual information
2. Incorporating terminology or veiled language that could indicate underlying bias, including but not limited to, “pride of ownership,” “crime-ridden area,” “desirable neighborhood or location” or “undesirable neighborhood or location,” “gentrified,” “working class,” “inner city,” “preferred community,” “up and coming,” predominantly Hispanic or Black neighborhood, substantial amount of Black or Hispanic residents at the property, diverse school system, amenities specifically geared to a race, ethnic or religious group or using terms such as Millennials, Generation X or Baby Boomers

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after the financial crisis i used to call certain markets high foreclosure areas...their undies would bunch

 

[Dale Floyd]

I was called out months ago for the word “Average” because it was included in “Weighted Average” when discussing various conclusions in a narrative addenda. Couldn’t get the dude to move on so I finally changed it to “Weighting Conclusion” but it ticked me off.

That’s about the same time I argued with a distinguished appraiser with Fred who didn’t understand the word “Average” either, and we went back and forth about it for a minute out here.

I still seek that one case when a judge or a commission found a report to be misleading, biased, or compromised because of the words average, church, homogeneous, superior, etc. There should be limitations to stupidity.