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KenRossman

Senior Member
Joined
Oct 20, 2004
Professional Status
Certified General Appraiser
State
Florida
They will also likely ask you for a specific itemized list of the deficiencies of the appraisal being submitted if not already included (I summarized the issues).
 

KenRossman

Senior Member
Joined
Oct 20, 2004
Professional Status
Certified General Appraiser
State
Florida
Jo

re: your post #29 - I hope they are not pulling licenses based upon value disagreements alone where the difference is which comps are "best" when the reviewer or investigator has not seen the interior of the subject and is viewing the exterior (if even) several years after the inspection date.
 

Tony V

Elite Member
Joined
Mar 29, 2005
Professional Status
Certified Residential Appraiser
State
New York
They will also likely ask you for a specific itemized list of the deficiencies of the appraisal being submitted if not already included (I summarized the issues).
Thanks Ken....I figured that I would have to include some type of information...
 

JoTetherow

Thread Starter
Member
Joined
Nov 29, 2006
Professional Status
Certified Residential Appraiser
State
Nebraska
i can only answer for myself

Jo

re: your post #29 - I hope they are not pulling licenses based upon value disagreements alone where the difference is which comps are "best" when the reviewer or investigator has not seen the interior of the subject and is viewing the exterior (if even) several years after the inspection date.
Ken, I can only answer for myself on that. The reviews (the bad ones) for DOS that I have had have were extremely blantant in cherry picking/made up comps. just looking at the photos or at the maps was enough for me to figure that there was probably a big problem with the appraisal.

When I do a bank review I always consider that the appraiser saw the inside and I did not. And even if i feel it is "pushed" a bit, I give the appraiser the benefit of the doubt. They saw the interior, not me. The last bank review I did that I turned into the state I sat on for a few weeks undecided. When i revisited it and my review, I decided to turn it in. It was a 4 family dwelling and there were several recent 4 family dwelling sales within blocks that could have been utilized. The appraiser used a 2 family over a mile in a different neighborhood to justify the value. And i was suspicious that the appraiser did not actually measure the property. no numbers on the sketch and the square foorage used was exactly the same as the city records which included the unfinished basement. I decided that it needed review by the state. I submitted it anonomously so I will not be privy to the results unless they are printed in the newsletter or on the web site. I do know that it was handed over to the regional inspector in less than a week after I handed it to Ernest.
 

Kevin Mc

Elite Member
Joined
Jun 7, 2004
Professional Status
Certified Residential Appraiser
State
New York
Sorry I'm late.

due to the wonders of the Dolan Family I never received any e mail regarding the forum. Many great suggestions. Personally there are many things I think should be suggested to the board.

1)5 years cert to be a supervisor with fees and additional education to back it up. All trainees must be registered with a max of two certified. A limit of 2-3 trainees as well.

2)some database to find out if the super actually inspected the interior. This is a major point to me. I will personally make the calls. If the super wasn't there, it should be stated. This will eliminate 90% of the mills. This cheating drives me insane. We have all seen the reports, it has to stop.

3) eliminate the Bohemia Behemoth aka Dr. Bill. This person has put more trainees and skippys on the streets of NY in the past 10 years than one could count. I'm sorry, Dominick is a good guy as is Matt Smith but they are both local and the fact that they have let this atrocity continue is truly disturbing.The Dr. may have a high failure rate but I would venture to guess that if it wasn't for his last minutes "tutorials" it would be 100%.

4) taking on the NAR by eliminating BPOs would be great but I think we should pick our battles and cleaning up our own house should be the immediate goal.

5) I will do anything I can to help with enforcement even at a personal cost. Desk reviews,contacting folks to see how many appraisers were there etc....

6) I can get an audience with Sen. Charles Fuschillo if its needed. He is my local Senator and fairly accessible.

7) I will be in Albany Oct. 5th.
 

Kevin Mc

Elite Member
Joined
Jun 7, 2004
Professional Status
Certified Residential Appraiser
State
New York
Jo or Ken.

exactly where does one turn in a bad appraisal?...do you have an address?...I'm sitting on a couple of beauties.
 

KenRossman

Senior Member
Joined
Oct 20, 2004
Professional Status
Certified General Appraiser
State
Florida
See post #28 in this thread...
 
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