- Joined
- Jun 27, 2017
- Professional Status
- Certified General Appraiser
- State
- California
And which used 35mm pics that were glued onto Forms & Worms addenda pages? No APN, no sales history, no HBU analysis (21ac property), references 4 land sales but doesn't identify any of them, averages the pricing to conclude to $65k/ac. Makes reference to "Fair Market Value" but includes a MV definition, the 2-3 cert is incomplete by what has been required in any edition of USPAP.
I've never seen anything like it. The appraiser whose name is on it is a CG with a license number similar to my own, which means they came online at the inception of licensing back in 1992. I do wonder if that's who did the appraisal, though.
No doubt he pulled up some old report he did decades ago - and just decided to copy and paste.
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New appraisal form software like Bradford Technologies "Night Hawk" is coming out. Hell, the process now of going from XML to basically minimally restricted Fannie Mae is so EASY I am even thinking about doing it. ---> There will be lots of new form software, --- well if there is still a market for appraisals.
Writing software to use paper-based forms for the User Interface was a pain in the butt. That is now getting thrown out the window.
All kinds of ideas about new Fannie Mae software. Yep. Cool.