Revision request from Lender. -remove/replace the term "walking distance".

[sailorboy]

Why even bring up 'retirement' community. Now you know why. Only generic terms, not specific age, race or gender terms. How about slow moving community, no no no. That describes a possible disability. Hate has no home here community. That woke ok.

Because these are the facts. Because this is the market. Because we are suppose to reporting market based facts. This is all known locally and regionally. I would be negligent if I did not report the economy of this market and the buyers who are buying and why they are buying.

 

[DWiley]

Because these are the facts. Because this is the market. Because we are suppose to reporting market based facts. This is all known locally and regionally. I would be negligent if I did not report the economy of this market and the buyers who are buying and why they are buying.

And what, exactly and specifically, do you feel is: (1) critical to the appraisal, and (2) that you cannot describe using objective terms?

 

[djd09]

And what, exactly and specifically, do you feel is: (1) critical to the appraisal, and (2) that you cannot describe using objective terms?

yes...best listen to Mr. 'Affordable' housing masters

 

[gregb]

yes...best listen to Mr. 'Affordable' housing masters

"masters" is verboten for East Clevelanders

 

[J Grant]

Because these are the facts. Because this is the market. Because we are suppose to reporting market based facts. This is all known locally and regionally. I would be negligent if I did not report the economy of this market and the buyers who are buying and why they are buying.

MV assumes a well-informed buyer. That means, a buyer purchasing in X area (which might have a high crime rate, or whatever) would be informed about it. If they are not informed, it is not our jog to make them so. And what looks like a problem area to us, is home to other folks, or an investment opportunity.

Yes, we can report on the physical characteristics of an area. Run-down homes are described as deferred maintenance. The impact of crime rates, (good or bad ) and school districts etc are baked into the prices of the houses. So ther is no need to mention it.

A client has access to census tracts, info about school districts and crime,, access or RE data services, online sources, info from Fannie and Freddie, etc. They don't need us for that, and in fact, our clients are asking us NOT to provide them with that kind of information in a report, because it can be construed as biased and they can take the heat for it.

Lenders deal with the public; we don't deal with them in the same sense, the public is their customer base.

 

[djd09]

impartial means treating all parties equally...the report is just not for the lender ask marin city...or see cert 23

 

[djd09]

And what, exactly and specifically, do you feel is: (1) critical to the appraisal, and (2) that you cannot describe using objective terms?

how do the mortgage broker appraisers describe a retirement community when you help them waive the appraisal, your highness

 

[djd09]

MV assumes a well-informed buyer. That means, a buyer purchasing in X area (which might have a high crime rate, or whatever) would be informed about it. If they are not informed, it is not our jog to make them so. And what looks like a problem area to us, is home to other folks, or an investment opportunity.

Yes, we can report on the physical characteristics of an area. Run-down homes are described as deferred maintenance. The impact of crime rates, (good or bad ) and school districts etc are baked into the prices of the houses. So ther is no need to mention it.

A client has access to census tracts, info about school districts and crime,, access or RE data services, online sources, info from Fannie and Freddie, etc. They don't need us for that, and in fact, our clients are asking us NOT to provide them with that kind of information in a report, because it can be construed as biased and they can take the heat for it.

Lenders deal with the public; we don't deal with them in the same sense, the public is their customer base.

here is an idea...why don't the big banksters write the appraisal so they are not offended....and we just sign

 

[djd09]

another word they hate...basements