uad: New rules for Appraising - coming 9/1/2011 - 04/13/11 09:32 AM
Our Friends at Fannie and Freddie, have decided to change the way appraisers describe the quality and condition of homes we appraise and the comparables we use. 
Since I started appraising in 1977 - we described properties as being: Good, Average, Fair or Poor - sometimes adding "very good" or "excellent" or fudging with "low-average" or "average-" - knowing if you determined the condition or quality of the home as fair or poor - you probably killed the deal.  So many appraisers pre-set "average" in their appraisals for the subject & comps. Which I will admit is a problem.
On 9/1/2011 … (0 comments)


Beverly Bayer

Moreno Valley, CA

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Address: 25232 Fir Avenue, Moreno Valley, CA, 92553

Office: (951) 247-3674

Fax: (951) 243-5709



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