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Virgina REAB and Portal Petition

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I agree GH, Woody's example is just as realistic as the one DW provided, they both are extremes, not much is proved either way. The realistic everyday report will have limits to what exhibits can be used and/or several comments moved from the URAR onto an addendum. IMO that is a problem, but many others disagree.

My curiosity is peaked by the changes to the Limiting Conditions Statements, for someone who knows, please provide what the changes say...

Excellent point Paul, that is the great unknown...

Guys don't get me wrong, this was not a typical file. It is an example that shows if you as a licensed professional decides to tackle a property like this, and you chose to not just do minimal work the decision was for you as to the upper limits of what you should do. Should not the appraisaer decide what is applicable to properly meet their understanding of the proper scope of work?

Is it over the top as an example, you bet it is. This happened to be a file where I researched all the included comps (many i already had), and decided on using only about 6-7, and the UW wanted more, and note also that listings and pendings were included as well in that array.
 
No problem WoodyVA, I agree with you about the limits of the AIReady conversion being a problem. I was just trying to be fair and balanced by stating my belief your samples posted represent one extreme while DW's represented the other.

I would post a typical file sample, but I did not renew my AIReady conversion capability after I saw how it worked...
 
Am I reading that printout correctly - the conversion format would only accept 12 comps and their photos and it wouldn't package what appears to be a non-standard addendum.

If that's really the case, you may color me underwhelmed. I must just be a form monkey, because I don't recall ever needing more than 8 or 9 comps to make my case in an SFR appraisal. And trust me, I've appraised my share of wierdo SFR properties.

Really, I'm pretty sure that if I was building an 18-comp SFR appraisal my Wintotal program will have crashed at least 5 times before I ever get around to trying to package the report. I doubt any of you have clients who would even read such a report for an SFR loan.

I think that if an appraiser had a report which was THAT complicated, FNC might bend the rules a bit and let the appraiser send that one in on a pdf. If you guys are portraying this as a day-to-day problem then I'd be looking for a rather pinkish herring.



or any report for that matter, rendering the AIReady issue moot.............
 
or any report for that matter, rendering the AIReady issue moot.............

In actuality for FRT's the issue is alive and well. They along with you are responsible for the quality of your reports. Cross movement of reports from one FRT to another FRT requires the new FRT to insure the quality of the appraisal.

How do they do that?

Come to think about it, this may explain somewhat why there seemed to be over the past five years or so an inordinate amount of FRT's calling appraisers demanding copies of reports and putting the reports in there name!
 
I noticed a disclaimer at the bottom of your example that states *The Statement of Limiting Conditions is changed with AI Ready, just wondering exactly what the changes to these statements are? Please advise...

I think that statement is is not accurate/out of date. There is no 1004B anymore. If you look at the examples I posted you can compare the LC from the native software to the LC in AIReady and see if you find any differences.

This warning, like the other one, may be formsware specific. I get no such warning.

It was not my intent to post a cookie cutter. That just happened to be the last report I did. Attached are a few pages from a report I finished yesterday. As you can see, the plat map and aerial photo converted with no problem. The report contained five comps, several pages of narrative and about 40 photos. Everthing converted. Nothing was omitted.

Part of the problems some seem to be having are not with AIReady, but with the support their native software has for AIReady conversion. Would anyone be surpised to learn that a company that is very vocal against AIReady does not provide the best AIReady support? :)

By the way, two people have now posted that none of the text in the sample report I posted overflowed. Maybe those who posted that claim should look again.
 
I would post a typical file sample, but I did not renew my AIReady conversion capability after I saw how it worked...

No problem. Just post the specs you consider "typical" for a report, and I will create another sample.
 
There is apparently some mysterious plot by software companies to over throw the good well inetnioned portal companies out there.

I would think that all vendors have forms that will not convert...
 
It was not my intent to post a cookie cutter. That just happened to be the last report I did. Attached are a few pages from a report I finished yesterday. As you can see, the plat map and aerial photo converted with no problem. The report contained five comps, several pages of narrative and about 40 photos. Everthing converted. Nothing was omitted.
Just like magic. Careful, at a witch trial, if you perform any tricks, it's just more evidence that you are a witch.
 
I would think that all vendors have forms that will not convert...

You bring up a good point. The data format has been developed and made available to the appraisalware vendors. These vendors already have at least some forms that will convert. When there are forms that won't convert, whose fault is that? The portal company which has developed and promulgated the uniform data format or the appraisalware company that has failed to work within that format?

The central question here is whether these limitations are so severe that appraisers can't use these formats to build credible workproducts. That being the case, the inability to send a certain type of cover sheet or a TOC or more than 12 comps or some other unsupported addendum just doesn't trigger my outrage meter. Maybe it should, but it doesn't.

I remember back in the 1990s seeing a few (as in, 3 or 4) examples of narrative-style reports that were developed in Wintotal and which consisted of 50 or 60 single addendum pages. You know, the addendum page that has the header at the top and lines? This was before Wintotal added to their software the word-processing style multi-page addenda that wraps the text onto the next page.

I can only imagine the amount of hassle it took to use the software in that manner. Nevertheless, despite these limitations the appraisers managed to come through, and the reports came out okay. That is to say, the only problems I remember noting were appraisal problems, not report problems.

When I think back to the DOS based and first Windows based appraisalware programs, I remember some fairly significant limitations. I also remember that those limitations never stopped appraisers from using appraisalware. They might switch vendors, but they still stuck with the use of appraisalware because the upsides far outweighed the downsides.

Given our community's reputation for being willing and able to work around some seriously buggy appraisalware programs, I guess I'm just a little surprised that some of you seem to be elevating a few technical limitations in a data format into being an ethical dilemna.

Lastly, I find it a little disingenous to say you can't send a cover sheet or TOC page or any other exhibit in that format. I'm pretty sure one could build such a page, print it to a pdf and then insert the pdf onto a supported addendum page that will upload. Copy of a copy, so to speak. Or, you might be able to build those addendum on the word processor addenda pages. After all, the cover pages and TOCs I use in my narrative reports are all built using a wordprocessor format, not a form.

It ain't rocket science.
 
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