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 … Read More
Appraising Where It is Warmer
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 … Read More
Being an Appraiser with a Disability
Here are some thoughts on something I know nothing about, but want to get some answers. How does the ADA (Americans with Disabilities Act) affect real estate appraisers? This act … Read More
The Wheels on the Appraiser Bus Go Round and Round
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 … Read More
USPAP and Questions on Confidentiality
In the context of a real estate appraisal, especially a residential real estate appraisal for a lender thru an AMC, what is confidential? First, look at USPAP’s definition of confidential … Read More
The Appraiser Gap Between Where We Are & Where We Want to Be
We appraisers must make decisions every day. However, sometimes taking that step is really difficult. I can’t take away the difficulty and discomfort inherent in making a decision, but this … Read More
Inspections Can Sometimes Be Embarrassing
Inspections can occasionally get embarrassing, right? It happens to all of us. That’s just part of the appraisal business. But that does not make things any easier or less embarrassing, … Read More
Maintaining Your Standards as a Mentor
The Appraisal Foundation recently announced that they are lowering their standards for appraisers to get their appraiser licenses. Prior to April 30, 2018, licensed general appraisers needed 2,000 hours of … Read More
ARE YOU PREPARED FOR THE INEVITABLE (Part II of a Three-Part Series)?
(Disclaimer: I am not an attorney, CFP®, or CPA®, physician, etc., thus do not offer legal, financial, accounting, or medical advice. You should not interpret anything in this blog to … Read More
Reconciliation
How do you reconcile between the value indications of the three approaches, or even between the range of value indication in even one approach? How you answer this is important … Read More