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real estate: Lowering Your Property Taxes In LA Updated - 08/13/08 01:41 PM
Here is what the Los Angeles County Assessor says about companies advertising lowering property taxes for homeowners:
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It has come to our attention that various private companies are doing mailings to property owners offering their services to pursue a reduction in their property taxes. These companies may charge hundreds of dollars to file for a reduction in value on behalf of the property owner. Solicitations of this type may not be illegal, but property owners should be aware that their property may have already been reviewed and the value reduced. There is no reason to pay for a review that … (1 comments)

real estate: Appraisers Earn Extra Money In A Down Market - 05/16/08 09:01 PM
I thought I would pass on a lead to you.  I met a lady named Dace from Design Scape.  They are a company that does landscape design on line.  They hire appraisers nationwide to do diagrams of homes.  Its purely a outside inspection and you have to take between 70-120 pictures, as well as diagram the outside of the property including hardscape, large landscape, pools, improvements.  They pay about $200.  If you want more information, email me with you name, phone, email and the zip codes that you are willing to work in and I will forward it on to Dace.  … (8 comments)

real estate: New Paperless Process For Applying To Be A FHA Roster Appraiser - 05/02/08 05:20 PM
On May 5, 2008 the Federal Housing Administration (FHA) through Housing and Urban Development (HUD) is launching an online appraiser application process that will replace the existing process of sending paper applications through the mail. This process may make the process of applying to become a FHA Roster appraiser much easier and faster.
Information on their website states that the cut off date for accepting paper applications is April 22, 2008 and that appraisers should wait until after the May 5th date to avoid the possibility of their application not being accepted. If applications were mailed any time prior to April 22nd, … (1 comments)

real estate: How To Become A FHA Roster Appraiser - 04/26/08 12:21 AM
In order to perform appraisals for FHA, appraisers must be on the approved FHA Roster. Appraisers must possess a current license/certification with credentials based on the minimum licensing/certification criteria by the Appraiser Qualifications Board (AQB) of the Appraisal Foundation for each state in which they desire to perform FHA appraisals. Trainees are not eligible to apply to be on the Roster.
Registration procedures for appraisers who are not currently on the FHA Roster are as follows:
1. Submit proof of a valid state appraiser's license or certification with credentials based on the minimum criteria issued by the AQB for each state in which … (11 comments)

real estate: Appraising Secrets - Working With HUD and FHA Doing Appraisals - 04/25/08 11:31 PM
With the fall of the real estate market in the country, here in Los Angeles, we have been hard hit.  Business has been slow.  Since the Feds introduced the Economic Stimulus Plan and HUD lowered loan limits, business is slowly picking up.
In an attempt to diversify into new markets, I applied to be an FHA Roster appraiser.  After spending hours on the HUD and FHA websites and real estate industry websites and message boards, I realized that there was scattered information about appraising for FHA.  Although the FHA website seems to be catching up with information for appraisers, it was difficult … (11 comments)

real estate: Appraising Secrets - Bring Em On FHA Appraisals - 04/15/08 09:06 PM
Because of HUD raising the loan limits for conforming loans, I have been innundated with appraisal requests for FHA loans.  I am a FHA appraiser but have not done that many appraisals for FHA loans.  On Friday, I am attending a class in Las Vegas (about four hours from home) to learn more about appraising for FHA loans.  I am so excited because there will actually be five representatives from HUD to answer questions and train appraisers.  I also can't wait to get back and report more on what I learned as I am sure that many appraisers are getting requests … (5 comments)

real estate: FHA Appraisals - 04/15/08 08:47 PM
Because of HUD raising the loan limits for conforming loans, I have been innundated with appraisal requests for FHA loans.  I am a FHA appraiser but have not done that many appraisals for FHA loans.  On Friday, I am attending a class in Las Vegas (about four hours from home) to learn more about appraising for FHA loans.  I am so excited because there will actually be five representatives from HUD to answer questions and train appraisers.  I also can't wait to get back and report more on what I learned as I am sure that many appraisers are getting requests … (3 comments)

real estate: Real Estate Appraisal Secrets - Appraisal Standards and Processes In Developing An Opinion of Value - 04/02/08 10:22 AM
Have you always wanted to know the process that an appraiser goes through in completing an appraisal report? No, appraisers do not just pick values out of a hat!! There are six basic steps that appraisers follow for every appraisal. These include:
1. Problem Definition
2. Appraisal Plan
3. Data Collection
4. Data Analysis
5. Final Value Estimate
6. Written Report
When we receive a request to perform an appraisal, appraisers generally define the assignment. There are four areas that an appraiser further investigates: type of value, type of property, effective date of appraisal and conditions. This is commonly referred to as "scope of work." The appraisal plan … (0 comments)

real estate: Free Ebook - 03/14/08 01:58 PM
I have started making money promoting a product that I use myself.  It makes me residual money (money every month that people I refer pay for the service).  If you email me at dawn@appraisersantaclarita.com I will be happy to send you the free ebook on this amazing product.  Kickstartcart.com offers a full range of stuff at extremely reasonable prices for you to set up a store on line and have your own shopping cart.  It allows you to communicated with your clients through auto responders.  It helps you manage your "list", making it easy to keep your clients up to date … (2 comments)

real estate: A Common Mistake - 03/02/08 04:26 PM
Yesterday I made a common mistake that appraisers make by not getting all the information before the appraisal.  The broker called me to see if the value the homeowner needed was in range of the value of the property.  Without seeing the property but looking at public records and MLS data, I knew that it would fall in the $430,000 to $480,000 range, which was where the client needed to be to refinance.  Perfect, right?  This client of the brokers is a "special client", someone famous.  That is one of the perks of living and working in Southern California.  So, I … (1 comments)

 

Dawn Walker

Stevenson Ranch, CA

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Dawn Walker Appraisal Services

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