If HR4173 passes will we be able to put the HVCC GENIE back in the bottle (and put the bottle in the nearest dumpster), and do away with appraisal prostitution! I personally don't think so, the AMC's and Banks (kind of one in the same) hold way too much power. Besides, how many Real Estate Appraiser do you know who can afford $500-$1000 a plate, political fund raising dinners? I could think of a few Bank Executives, for each bank who could! And for the record I'm not talking about the … (3 comments)
appraisal management company: Market Conditions???????????????
- 12/04/09 02:43 AM
I have a question to my fellow appraisers. This question is mainly directed to appraisers working in underperforming markets, like Florida, Arizona, Nevada, and California. What are you doing when the subject's subdivision is increasing in value, but everything in the else in the area is declining? On page one the section on "Market Conditions", now I was trained that Market Conditions, included an area larger than the subdivision, like a section of the county. When I filled in The Great 1004MC form, it showed the trend is increasing values for the subdivision. We all know why I'm posing this question, … (5 comments)
appraisal management company: My New Appraisal Organization
- 11/27/09 01:41 AM
Hello all! I'm starting a new appraisal organization; it will be called National Association of Broke Appraisers (NABA). Unlike other Appraisal organizations, the fee will only be $50.00 for a life time membership. And you say what do I get for my $50.00? You get to put the NABA designation at the end of you state id number that should get you a ton more work and nothing else. Just think you don't have to spend a lot of money on high priced CE courses, from NABA, because we don't have any! You'll never find an ad from AMC's that … (13 comments)
appraisal management company: Have all the lenders gone Insane?
- 11/06/09 07:38 AM
A fellow Appraiser I work with called me earlier today, to ask if I was a Flagstar approved appraiser. I said I was and check my status about 4 months ago and was still active. He stated the last time he checked he was approved, and he had a report he wrote and Flagstar would not accept it, stating that he's not approved!!!!!! So I called their Appraisal department, and I was told that, I'm no longer approved!!! As it turns out, I have not had any reports sent to Flagstar in the past year, so they kicked me off the … (5 comments)
I met a realtor out at a home, I had to appraiser. So while I was talking to him, as I was doing my inspection (yes appraiser can still talk to realtors), he asked me if I liked working out of the appraisal pool. I said what pool? I was thinking he was talking about the cesspool of AMC's, that all of us a swimming in. I had to educate him about the new frontier of residential appraising. Then he proceeds to ask if the home will appraise!!!!! I told him I couldn't talk to … (5 comments)
appraisal management company: The address and numbers have been changed to protect the guilty!
- 08/29/08 10:53 AM
I just received an e-mail form an Appraisal Management Company and here's what it said, Michael, This is an order if we can get 295-299k need to know ASAP thanks The address is, 9999 any street Fort Lauderdale, Fl 33309 My reply to them was, Hi, I don't mean to be rude, but you're asking for a pencil search, that is by the way illegal! So if you want an appraisal put in an order, if you're are looking for a number hitter, there are a ton of them in Miami. I don't want to waste your time or mine. Thanks … (3 comments)
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Michael Zollo
Certified Residential Appraiser, South Florida, FH
WILL THE GENIE GO BACK IN THE BOTTLE !!!;)
;)
