What is the correct form to use for a divorce appraisal?

[residentialguy]

I got your joke, mine was vague... Google IRS forms with that number.

No, I don't want them to know where I am.

 

[Webbed Feet]

Help, they are picking on me.......Well, I will stand on this hill and defend it.<...snip....>

Could be worse, have you ever tried to defend a pond? LOL

 

[Smokey Bear]

I am not sure that I know why the question is flawed,

It's flawed because it assumes that a form is the appropriate format for a divorce appraisal. That should be discussed with the client. As to feeling sancimonious, you might want to look in the mirror, since your reponse was so condescending. And while there may be many licensed appraisers who do a great job on litigation work, recommending that you work with someone more experienced the first time you do a new type of job is not sanctimonious. The first thing I do when I get an assignment type that I haven't done before is to call Denis, Greg and Howard Klahr to ask questions on how to proceed and to find out if I need to bring one of them on board for my first try. It's the smart thing to do.

 

[mikeinpittsburgh]

Does anyone use the AI form for this type of work?

 

[CANative]

I stopped using the AI forms because they are kind of clumsy and funky to use. And they're in letter size format (I'm too used to using legal size). Too many weird form pages to piece together.

I think using lender-looking forms is best because almost everyone on earth has seen one.

 

[residentialguy]

I don't mind the AI, except they don't have a 6 photo page (only a 3 photo) and they don't have a matching comp page for listings...the listing page used is the URAR page.

 

[Terrel L. Shields]

The correct 'form' is a narrative and if you can handle the narrative, then you probably have the requisite experience to take on a litigation assignment. If you simply do not wish to learn to write a narrative, remember to answer questions in complete sentences and not in checklist form..

 

[Couch Potato]

I read about a lot of forms on this forum and I have no clue what most of them are. 1025, 442, 1075, 1065.......whatever they are. Operating statements, duplexes, rent surveys, blah, blah, blah. I have only filled out the 1004, GP form and Relocation forms. If I come on here and ask what is the form for an operating statement or a 2-4 unit building will I get the same responses?

Yes, since it would indicate a total ignorance of secondary market requirements for residential appraisals.

 

[residentialguy]

The correct 'form' is a narrative.

Really....please state your sources on that, please. Thanks

 

[Stone]

Yes, since it would indicate a total ignorance of secondary market requirements for residential appraisals.

That's ridiculous. Asking the number of a form the first time you use one is a completely valid thing to do. It doesn't mean that, once pointed in the right direction the appraiser wouldn't do a fine job and make sure he/she does a fine job. It just means the appraiser hasn't done one, or at least hasn't in some time, and needs to be reminded of the form number.

When I was doing lending work and would get requests, the first thing I would do is look up the number in Wintotal and read through the form before asking any of the appraisers I know about it. However, it could have been quite valuable to come here first to see what the request was about. I did that for a couple fairly basic questions years ago. I guess I'm glad those questions didn't ask about form numbers.

Once the appraiser has a handle on what form he/she is supposed to use for a GSE assignment, it is a lot easier to find out what fannie/freddie expects on those reports. In this case, I'm quite certain that Tim could manage the daunting task of familiarizing himself with the secondary market requirements, once he knew what the heck the form was.