UAD 3.6 discussion

[Surf Cat]

Definitely designed by the AMC crowd.

What were your search parameters?
Include sales you considered but didn't use.

The sales grid not finishing on one page looks problematic to me. Hopefully, the software vendors such as Total, will still have a side-by-side view of all the comps in the grid. From there I can move the comparables around in order of importance.

No Net and Gross adjustments.

We'll see....

 

[Fernando]

Fernando thinks a checkbox monkey really looks at the report. They call them "checkbox" monkeys for a reason. I know for a fact that my clients don't use checkbox monkeys, they use appraisers.

Cheaper for clients/lenders to have checkbox monkeys if you haven't noticed. Know how the game is played.
When game changes like with new Fannie forms, those appraisers who can adapt will find ways to do the reports at minimal acceptable levels to pass.

 

[Airstream]

Using judgment is not the same as using subjective judgment. Some adjustments need more explanation, but there is some market evidence that should be seen to support our judgment. Sometimes, reconciling on the higher or lower side of value due to X as a feature or a defect makes more sense than a line adjustment that is difficult to support, especially for small or oddball features.

The problem is GSE’s say judgment is always “subjective.” And that is where I will have a bone to pick. Let’s just take an example of a large pole barn. That is more than just a reconciliation analysis. That has to be line adjustment. Pole Barns can run about 50,000 to 75,000 to build at a minimum.

 

[Dublin ohio]

those appraisers who can adapt will find ways to do the reports at minimal acceptable levels to pass.

those appraisers who can adapt will find ways to cut corners to create reports at minimal acceptable levels to pass.

Fixed another one for you