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Your Scope of Work is Up To You workfiles-writeups-scope-creep-appraising Oct 24, 2023

Imagine you are doing an appraisal for a single family home on three acres and, upon analysis, you realize there is more value in subdividing the lot. Then you find out the buyer is buying the property to benefit from that value and already has the subdivision process in the works. Because of...

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Confused by the COVID-19 Protocols? workfiles-writeups-scope-creep-appraising Jun 09, 2020

Did you go on a snipe hunt as a child? Did your friends play this trick on you? We've probably all been on a snipe hunt, so we've all learned that, though there is a bird called a snipe, a snipe hunt is basically a practical joke. How is this a practical joke? You spend a lot of time and a lot of...

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Pandemics Do Not Give Us a Get Out of Jail Free Card workfiles-writeups-scope-creep-appraising May 19, 2020

In talking with Tim Andersen, a USPAP instructor and long-experienced appraiser, I was reminded that, even in the time of C-19, USPAP applies, and appraisals must still be credible.  Reports must still not mislead.  USPAP has never required the appraiser to inspect the property. ...

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Covid-19 Inspection Cheat-Sheet workfiles-writeups-scope-creep-appraising May 12, 2020

What are we supposed to do about inspections during Covid-19?  There is all sorts of conflicting data about inspections, for example, but there is no requirement for the GSEs coordinate with each other on when to inspect and when not to inspect (so they don’t).  But before we get...

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Mobile Appraising and Workfiles workfiles-writeups-scope-creep-appraising Jan 08, 2017

When it comes to the use of technology in real estate appraisal, we’re at a kind of crossroads.

On the one hand ,you have the advocates who like to try out all the latest and greatest apps and gadget. Those of you who have listened to my podcasts, read my blogs or seen my workshops know...

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