More Weak Analysis in Appraisals -

So - I've commented on this before, but it really bothers me.  I have another appraisal, this time completed by an MAI/SRA that substantiates depreciation in values based on faulty data.

When I took appraisal classes, the only acceptable adjustments to the comparable sales were based on a "matched pair analysis".  In other words the appraiser was required to prove the adjustment to value for the difference in the property and/or transaction based on analyzing sales in the area and determining the actual difference in the value.

Once again, I get an appraisal that justifies depreciation via use of MLS data and changing median prices.  AND, the joker is using the Case - Shiller index as a method of determining an adjustment for time in the market place!!!!!!!

My dear old dad, an appraiser for years, is probably rolling over in his grave!  I guess we're back to the days where the designation MAI stands for "Made As Instructed". 

Here's the deal, I can't complain, because then I'll get blackballed by the appraisers.  It's SOOO frustrating.