Will you prepare the 1004desktop?

[George Hatch]

Because Fannie policies (and Fair Lending laws, for that matter) aren't applicable to all appraisal practice. The appraisal business does not revolve solely around the GSE pipelines or the residential properties addressed in the current "appraising is racist" controversy. USPAP is aimed at all of appraising, not just part of it. What belongs in USPAP proper is what is universally applicable across the board for all appraisal practice. One of those requirements being that appraisers are also *required* to meet the user-driven requirements. Those user-driven requirements are not an alternate requirement, they're an *additional* requirement. When present.

 

[Mark K]

I did exactly 1 and figured out it was just as much work for something less money.

I did a lot of them but I only charged $25 less than full fee; actually started really liking them. No appointments or inspection for $25 less? Hell yes.

 

[djd09]

Because Fannie policies (and Fair Lending laws, for that matter) aren't applicable to all appraisal practice. The appraisal business does not revolve solely around the GSE pipelines or the residential properties addressed in the current "appraising is racist" controversy. USPAP is aimed at all of appraising, not just part of it. What belongs in USPAP proper is what is universally applicable across the board for all appraisal practice. One of those requirements being that appraisers are also *required* to meet the user-driven requirements. Those user-driven requirements are not an alternate requirement, they're an *additional* requirement. When present.

are you DW spokes person?

 

[djd09]

yes, meet the racist user requirements. rinse repeat recyle

 

[Alsie35]

I said don't tell anyone... maybe I'll be the only one doing it...


My guess is that lenders will still be sensitive to appraisers' physical location(s) relative to the subject property locations - I know I will. That factor has absolutely zero to do with credible results, but it's the first thing agents look at when they get a 'low' appraisal. And I I can not have to deal with that argument, I'd rather not.

Took every bit of self-control not to go “snarky” upon reading the highlighted part of your comment.

In my experience doing field reviews in the past, all of the reports that had obviously used the wrong comps from the wrong part of the market area that had significantly affected value were – wait for it – on appraisals done by appraisers coming in from way out of the area.

Trust me. Its a real “thing”. (And one of the reasons why things like AVMs, etc. have not replaced us yet).

 

[George Hatch]

are you DW spokes person?

I'm informed about what USPAP actually says. You should be, too.

 

[djd09]

I'm informed about what USPAP actually says. You should be, too.

i done giving USPAP lessons. it is junk written (or omitted) by the most vested interested parties.

but you could of quoted DW and said individual appraisers do not write USPAP. don't be so biased.

 

[alebrewer]

Took every bit of self-control not to go “snarky” upon reading the highlighted part of your comment.

In my experience doing field reviews in the past, all of the reports that had obviously used the wrong comps from the wrong part of the market area that had significantly affected value were – wait for it – on appraisals done by appraisers coming in from way out of the area.

Trust me. Its a real “thing”. (And one of the reasons why things like AVMs, etc. have not replaced us yet).

When I was in the field, I was THE expert in the Uptown/Oak Lawn area of Dallas. And yet - wait for it - I lived about 70 miles away... commuted every day.

 

[alebrewer]

Trust me. Its a real “thing”. (And one of the reasons why things like AVMs, etc. have not replaced us yet).

The reason (IMO) that AVM's haven't replaced us yet is: available data from non-disclosure states, and the inability to measure physical, functional, and external influences.

 

[George Hatch]

i done giving USPAP lessons. it is junk written (or omitted) by the most vested interested parties.

but you could of quoted DW and said individual appraisers do not write USPAP. don't be so biased.

And yet you are incapable of citing a single requirement in USPAP - applicable to all assignments and all users of all types - that you think should be changed in furtherance of the public trust in the appraisal profession as a whole.

Incapable.