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No, I am not talking about USPAP, confidentially, or unbiased value evaluation. While these are all important, I am simply talking about doing what you say you will do as an appraiser. Trust is a fundamental principle when it comes to business, and if your clients cannot trust you, it is likely...
It can be hard to know exactly what to tell a borrower sometimes in an inspection when it comes to repairs. For example, if you see chipping and peeling paint in an older home, and it is an FHA inspection, do you let the homeowner know that there is a good chance that their lender will ask them...
There was a point when I was seriously considering the possibility of moving to Belize. I live in a cold climate so the prospect of living in a warmer area for at least part of the year appeals strongly to me. However, after visiting Belize, I quickly realized that - while I love the country - I...
In the past, it was common for appraisers to collect their fees directly from the borrower at the time of the property visit (i.e., at the door). I would take credit cards, checks, or cash while at the door. Many years ago, this was common. Now, however, that rarely happens and we usually...
I don’t know about you, but I eat out for lunch nearly every day. We appraisers are on the road a lot, and eating out is typically the easiest option. As many of you know, this past year, I have focused more on my health. I try to go to the gym at least five days a week, and I have been...
You probably have heard me refer to the analogy of the bus in Jim Collins’ book, Good to Great. He compares a business to a bus and talks about making sure that you have the right people on the bus, the wrong people off the buss, and that those people who are on the bus are in the right...
