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“Our investigation and the Board’s review concluded that the evidence did not reveal a violation of the Board’s laws and rules governing the practice of Real Estate Appraising. The Board has, therefore, closed the file in this matter.” That is how the most recent complaint against me ended. The orde...
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I have received a fair number of requests from appraisers across the country asking me to address the upcoming Collateral Underwriting (CU) from Fannie Mae. After all, it all begins in just a few weeks. Are you ready? Are you like most appraisers in that you still have a lot of questions? We hit...
“Yes Ma’am, that is correct. Next Tuesday at 9:30 AM. Our drone will be at your door at that time to do the visual inspection. Typically, it will fly around the exterior of the home first to measure and take photos. After it is done, the drone will need access to fly through each of the rooms in you...
What is the proper adjustment for differences in square footage on a 2,500 square foot home as compared to a 2,800 square foot abode? $25 per square foot? $30 a foot? $40? If you are the type of appraiser who makes an educated guess, throws it in the report, and then changes it if it does not work q...
I recently found myself, once again, away from home at—yet another—appraisal conference. Unfortunately on this trip however, I found myself not feeling well. This was different than the normal flu or cold. However, I am stubborn (hey, I’m a guy) and did not want to see a doctor or the inside of a...