Tim Hicks (Texas)
Elite Member
- Joined
- Jan 15, 2002
- Professional Status
- Certified Residential Appraiser
- State
- Texas
Here is something I come across quite often. I receive a multi-family appraisal request for 1049-1051 Irene or 1049-1055 Irene. I do may research and the tax records show only one parcel with only one address (1049 Irene). When I arrive at the property, one side is 1049, the other is 1051, and/or so on.
On the appraisal, since the legal address is only one number (1049) and there is only one parcel, I only put that single address on the appraisal report. Of course, the mortgage company always wants me to change it. I always resist because the legal address in only one number. What say you guys and girls? Am I just a mean old appraiser who refuses to play well with others.
On the appraisal, since the legal address is only one number (1049) and there is only one parcel, I only put that single address on the appraisal report. Of course, the mortgage company always wants me to change it. I always resist because the legal address in only one number. What say you guys and girls? Am I just a mean old appraiser who refuses to play well with others.