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djd09

Elite Member
Joined
May 20, 2009
Professional Status
Licensed Appraiser
State
Ohio
"Make sure your lender hires a qualified appraiser, such as a designated MAI, SRPA or SRA member of the Appraisal Institute.
The best way to combat potential problems with appraisals is to ensure the appraiser hired by your lender is highly qualified and competent.Today, many lenders utilize third party management companies
to conduct administrative functions.These firms often seek out the lowest cost service provider, not necessarily the
most qualified. You have every right to demand the use of a highly qualified appraiser,
someone with field experience in your market and knowledge and experience to handle the
assignment properly. A qualified appraiser knows how to conduct a thorough market analysis
and make appropriate adjustments if/when distressed sales are used as comparables.
Ask the lender for the qualifications of the appraiser and specifically, whether they are
professionally designated by a professional appraisal organization like the Appraisal Institute.Remember that your home purchase is one of your most important lifetime investments. The money spent on a quality appraisal is well spent."

http://www.appraisalinstitute.org/assets/1/7/aiconsumertips101911_(1).pdf

I'm a DWA. so what
 

Michigan CG

Moderator
Staff member
Moderator
Joined
Nov 1, 2006
Professional Status
Certified General Appraiser
State
Michigan
What is the problem with them promoting their designations?

Do you do much review work? There is a lot of garbage being passed off as appraisals.
 

djd09

Elite Member
Joined
May 20, 2009
Professional Status
Licensed Appraiser
State
Ohio
No review work. My theory is order a second appraisal.

How many appraisers have made fannie all review list since CU? 25? Doesn't seem like that much garbage.

Why the need to divide?
 

TRESinc

Elite Member
Joined
Dec 1, 2011
Professional Status
Licensed Appraiser
State
Ohio
No review work. My theory is order a second appraisal.

How many appraisers have made fannie all review list since CU? 25? Doesn't seem like that much garbage.

Why the need to divide?


because they make money from those who carry their designation.

who cares. i bet i can count on one hand, with fingers to spare, how many people when to the AI website and dug to find that posted info before they went to a lender to apply for a loan, or even after they applied.
 

djd09

Elite Member
Joined
May 20, 2009
Professional Status
Licensed Appraiser
State
Ohio
You like answering for others. Are you their paid mouth piece?
 

CANative

Elite Member
Joined
Jun 18, 2003
Professional Status
Retired Appraiser
State
California
Are you ever going to post useful or relevant information?

You're such a negative Nellie.
 

TRESinc

Elite Member
Joined
Dec 1, 2011
Professional Status
Licensed Appraiser
State
Ohio
You like answering for others. Are you their paid mouth piece?

you asked a question, i answered it.

you like being a troll. are you in the new movie?
 

djd09

Elite Member
Joined
May 20, 2009
Professional Status
Licensed Appraiser
State
Ohio
I replied to what i was ask. Follow along please.

Do you like being a paid shill. What's the going rate?
 

djd09

Elite Member
Joined
May 20, 2009
Professional Status
Licensed Appraiser
State
Ohio
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