Let’s talk about assignments in private neighborhoods, gated communities, or secure communities. Rich folks buy, sell, and refinance their homes, too, so they need appraisals. You have an assignment in … Read More
Building Materials Can Affect Value
Here’s a great question: Where can newbie and apprentice appraisers go to get training in how to distinguish among building materials? I have to admit this is something I never … Read More
How To Be Mortgage Free
This blog is, frankly, more oriented toward your personal life, rather than toward real estate appraisal, per se. So, cut me a little slack here. And yes, The Appraiser Coach … Read More
Is a Model Home Considered Occupied?
Here’s a situation you’ll run into once or twice in your career. There is a new subdivision. Now, new subdivisions sometimes have model homes. Model homes typically have furniture, fixtures, … Read More
Can Appraiser B Update Appraiser A’s Appraisal?
Can an appraiser complete a 1004D form (an Appraisal Update and/or Completion Report [Form 1004D]) if s/he did not do the original appraisal? A lot of appraisers ask this question. … Read More
How To Handle Page One With A Subject To Appraisal
12OK! You get to the bottom of Page 1 of the 1004 from and there’s that statement: “Are there any physical deficiencies or adverse conditions that affect the livability, soundness, … Read More
The Tier V Position Must Function at 30,000 Feet
You have heard me talk (a lot!) about Tier I, Tier II, Tier III, and Tier IV appraisal office skills. Now we’re going to talk about Tier V office skills, … Read More
Aren’t Appraisers Supposed to be Independent?
When was the last time you brought in somebody from outside your firm to help you solve an appraisal problem? Is that a step you should take? Aren’t appraisers supposed … Read More
To Pay or Not To Pay, That is the Question
Should appraisers pay to be on an AMC’s approved appraiser list? Is this one way to get new clients? If an AMC solicited you, would you check it out? Now, … Read More
This One Needs A Red Toe-Tag
You never know what is going to happen in your appraisal office. There are just too many variables to be able to cover all of them all the time. So … Read More