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The Object to give appraisers a venue to share opinions and concerns.

Saturday, February 5, 2011

Recent Activity and request for ammendments:

One of our clients asked me to evaluate the appraisers effectiveness.

conclusion:
january 1st to date.
40 appraisal orders
  • 2 lara's came back bad - both came back again a second time.
  • 7 correction request came from processors (4 of which were chinese drywall clarification request -relatively new and certainly avoidable going forward).
these request for corrections included:
  1. 4 chinese drywall comments (some of which had second request as highlighted below)
  2. one alternate street view photo
  3. one request for an additional comparable
  4. one comment to define the commonality of accesory units in a neighborhood
  5. one external obsolesence comment /w additional comp
  6. one explanation of safety release latch on window bars
  7. one explanation of septic tank.

If you keep these things in mind when preparing your reports you'll very likely avoid these same request going forward.

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