UAD 3.6

[Fernando]

View attachment 100810

Wished y'all as good as Fernando.
After appraising for decades, appraisers know what to look for and do it fast.
Don't be a bean counter and do a home inspection. We're appraisers and should observe and act as one.
I get remarks from homeowners that so and so prior appraiser came in and didn't speak to me and left.
Being an appraiser is balancing act in interacting with occupants and doing the appraisal work inside as fast as possible.
Talking to occupants usually slow me down but it's just important to get "inside" information on subject.

 

[Dublin ohio]

Wished y'all as good as Fernando.
After appraising for decades, appraisers know what to look for and do it fast.
Don't be a bean counter and do a home inspection. We're appraisers and should observe and act as one.
I get remarks from homeowners that so and so prior appraiser came in and didn't speak to me and left.
Being an appraiser is balancing act in interacting with occupants and doing the appraisal work inside as fast as possible.
Talking to occupants usually slow me down but it's just important to get "inside" information on subject.

If I was as "good" as you, I would probably have lost my license by now

 

[Fernando]

If I was as "good" as you, I would probably have lost my license by now

That's why you're not as good as me.

 

[Dale Floyd]

Hmmm. News to me.

March 14, 2022-“Fannie Mae and Freddie Mac have issued a report describing the input and development process for the new Uniform Residential Appraisal Report (URAR), which will replace individual appraisal report forms on a future date.”

Over 4 years ago right now. Two different presidents. Still won’t be fully implemented until 2027.

Not very timely.

 

[Dale Floyd]

My problem when I tried to incorporate a tablet into the inspection was simply being able to see the device in bright light conditions. Glare, reflection, and anything down outside was nigh impossible for my old eyes to see. I went back to paper. Secondly, without voice command, writing notes are virtually impossible. And some chatterbox borrower following around and talking gets recorded as well.

Of course, it's never going to impact me because I haven't done secondary market for well over a decade, but that technology seems to be limited to eagle eyes to me. Inside the house, maybe. But I loathe tablet and phone photos. They are awkward to operate for me. I also have very dry skin and find touch capacitive devices often don't respond until I lick my fingers. Is a real problem with my current phone.

The iPad mini works well, and I don’t have a sunlight problem.

But that’s just my opinion and my experience.

 

[Terrel L. Shields]

But that’s just my opinion and my experience.

Do you use some sort of polarized screen cover to avoid glare?

 

[Surf Cat]

When is last appraisal you did BTW? Can you share with the group?

Back when there were dirt roads....

 

[Dale Floyd]

Do you use some sort of polarized screen cover to avoid glare?

No. I’ve just never had too much of an issue with glare. But, in truth, I was among the first to use mobile tools and the things that might bother some initially are second nature to me. All my staff have used mobile tools since their training so they don’t think about it.

 

[DWiley]

March 14, 2022-“Fannie Mae and Freddie Mac have issued a report describing the input and development process for the new Uniform Residential Appraisal Report (URAR), which will replace individual appraisal report forms on a future date.”

Over 4 years ago right now. Two different presidents. Still won’t be fully implemented until 2027.

Not very timely.

I still don’t see anything indicating the assertion of persistent delay. There was a built in multi year period to allow for all the system changes needed, and none of that work could begin until the spec was complete

 

[jay trotta]

March 14, 2022-“Fannie Mae and Freddie Mac have issued a report describing the input and development process for the new Uniform Residential Appraisal Report (URAR), which will replace individual appraisal report forms on a future date.”

Over 4 years ago right now. Two different presidents. Still won’t be fully implemented until 2027.

Not very timely.

Check out the Q2 2025 Appraiser Update
Welcome to the Q2 2025 Fannie Mae Appraiser Update.

The new UAD 3.6 and redesigned URAR moves to the Limited Production Period on Sept. 8, 2025, when approved lenders will begin requesting appraisal reports in the new format. Under UAD 3.6, the appraisal forms will be replaced with a single, dynamic appraisal report encompassing all 1- to 4-unit residential properties. This edition focuses on helping you prepare for the transition.

We start by reviewing key dates leading up to and through the new UAD rollout. Next, we summarize how our Selling Guide has changed to support the new UAD. Then we drill down with articles about four related policies, including condo project condition, ANSI square footage terminology, expectations for commentary in appraisal reports, and safety, soundness, and structural integrity. Finally, we highlight the New UAD Appendix F-1 as a key resource for finding answers to your UAD 3.6 questions.

Just got this in an email, so enjoy the summer.