Mary's Blog

FDIC SUES LSI AND CORELOGIC  LSI Appraisal and CoreLogic being SUED. The SUIT contains accusations of gross negligence, breach of reps and warranties, and other breaches of contract for defective and inflated appraisals"   Click on link above to read more and make sure to read all the comments to...

With the recession (I believe we actually had a depression not a recession) comes the law of unintended consequences! Here is the deal. I want to hear your take on this! Buyers are so used to price after price after price reductions and LOW, LOW sales prices that their perception of VALUE may be ...

Square footage. Should be a pretty simple concept right? Well not really. I spend a good deal of time explaining to Realtors and to Borrowers/Homeowners how Appraisers DIFFER from Realtors when it comes to Square footage. When Appraisers measure homes they determine GLA (gross living area) and Be...

I was doing an appraisal in a fairly nice development in Cumming, GA near Lake Lanier. price range in the upper $300,00 to low $400,000 range. Much to my surprise I saw several homes being built, NEW homes, new construction, Construction trucks in the street that I had to drive around, lots of wo...

In case you missed it I have started a Reality Series all about what appraisers see in the trenches and just how we go about our daily business in home valuation. Sorry I have been gone for a few weeks but I just became a NEW GRANDMA! Mia is her name and she is the apple of her grandma & Grandpa'...

In case you missed the start of my Reality Series, Here is a link to it below. If Active Rain decides to Feature this Blog, maybe more eyeballs will be able to take advantage of all the information I plan to provide, so you can pass along to your Sellers and Buyers and fellow Realtors! Reality Se...

I was thinking it would be of great benefit to all here on Active Rain for an Appraiser like myself to provide a regular Reality Series if you will, on how we view properties, the things we look for that will add or detract from value, some real insight from one who is out in the field every day,...

I just wanted to say a BIG Thank you To Active Rain Evangelist (Bob Stewart) http://activerain.com/arbob    and To Rodney Mason fellow Active Rain Rainmaker http://activerain.com/rodneymason I was one of those Rainmakers that fell thru the cracks on the grandfathered status. I have been blogging ...

As many of you know, the Obama Administration proposed the eventual dissolution of GSE's (Government Sponsored Enterprises) Fannie and Freddie.  The shift of mortgage credit would go to the private sector/markets.     Larger Down payment requirements is part of this proposal. Without government ...

As an appraiser the MLS/FMLS photos are integral to determining quality, condition of the comparable properties. We drive by the comparables but we do not get to see the interior of these homes. The subject is the only home we do get to see inside and out. So the more details in your description...