Standardized Property Measuring Guidelines

[Terrel L. Shields]

If an appraiser can't measure to the nearest 1/2 or Foot, he can all in sudden measure to the nearest 1/10th foot?

I see it more as not measuring at all or making a significant error then trying to reconcile it later in the office and failing...the precision of the measurement isn't an issue. The other error will be adding non-GLA to the mix, etc.

 

[RCA]

ANSI is yet another in a long line of reasons why the government should get out of the business of subsidizing lending and insurance they have no clue. Special interest( look at Bryan Reynolds, "USPAP instructor," and ANSI fanatic). He has had a hard-on ever since the news broke. Trust me, ANSI will fail just like the 1004MC. Fannie still has a chance to save face, but their pride will get in the way.

No, the needed correction to the standards involves adding more complexity. And the real estate world is afraid of more complexity - because complexity costs money, one way or another ... and the key players in the system don't want to fork out more bucks to anyone besides themselves. A world of competence or one of fat pigs and incompetents. And caution: You can't let the fat pigs make things more complex, because they can be guaranteed to make big stinking mess of it. Complexity has to be efficiently engineered and kept as simple as possible --- but even so -- if it does the job, it will probably still be quite complex.

 

[djd09]

what about third floor attics?

maybe i didn't ask right. does ansi include finished third floors? because my market has not. and then the problem is, the sales do not. what a cluster ****

 

[Carnivore]

exception code

“GXX001 –” in the Additional Features field on the appraisal form and must explain why compliance was not possible. For example, berm homes with their entire square footage below grade would be eligible for an exception.

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Caught this posted question on facebook appraisal forum "ANSI question. Just inspected a property. The only full bath in the home has a 6'8" ceiling. How is this handled?"

Answer see above exception code

 

[djd09]

is that GX zero zero 1 or GX O O 1 (letter O the 15th letter of the alphabet)?

 

[CGinMN]

“GXX001 –” in the Additional Features field on the appraisal form and must explain why compliance was not possible. For example, berm homes with their entire square footage below grade would be eligible for an exception.

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Caught this posted question on facebook appraisal forum "ANSI question. Just inspected a property. The only full bath in the home has a 6'8" ceiling. How is this handled?"

Answer see above exception code

Why is compliance not possible in this situation? Shouldn’t it not be included in the GLA or above grade rooms, but then put on a separate line instead?

 

[djd09]

Why is compliance not possible in this situation? Shouldn’t it not be included in the GLA or above grade rooms, but then put on a separate line instead?

and what about the comp sales? mostly, there is no written GLA of the thrid floor attic in my area. it is listed as finished or not.

 

[Tom D]

mckissock now has a 2-4 family ansi course. gotta take this. most 2-4 family in my big city are converted single family, 2 or 3 story. the layout can be affected by either a straight run staircase or a center staircase. the 2-4 family form doesn't seem to lend itself to ansi, let alone how do i figure out those stair areas in the comps when they aren't shown. maybe an ansi person here can help me figure how to do it on the 2-4 family form, besides just not doing them anymore. hopefully, this class will clarify it, although the comps will still remain a mystery.

 

[djd09]

mckissock now has a 2-4 family ansi course. gotta take this. most 2-4 family in my big city are converted single family, 2 or 3 story. the layout can be affected by either a straight run staircase or a center staircase. the 2-4 family form doesn't seem to lend itself to ansi, let alone how do i figure out those stair areas in the comps when they aren't shown. maybe an ansi person here can help me figure how to do it on the 2-4 family form, besides just not doing them anymore. hopefully, this class will clarify it, although the comps will still remain a mystery.

this is mostly good advice. but i aint paying for no measuring lessons. typically, they pay me.

 

[Non Sequitur]

It wasn't long ago that the AF peanut gallery was arguing against bifurcation/hybrids because appraisers were the trained experts in field work. Man, how things have changed.

The ANSI standard and "floorplan" push is setting the stage for the CubiCasa, True Footage, etc. tech being pushed. So don't worry, it won't be long before appraisers are walking through a house and the app is doing all of the measuring to the ANSI standard, easy-peasy. One national AMC is already encouraging their panel to start with a free trial, may as well learn how to use it now.