9-27-18 Newz//Two Appraiser Brains? -Fannie Waivers – Frank Lloyd Wright Homes

Do You Have Two Appraiser Brains?

By George Dell
Excerpt: One appraiser brain says you must be “independent, impartial, and objective.” (USPAP) It wants to be good. It wants integrity and to sleep peacefully at night.

But there’s another brain. It’s primal and wants to survive. It has other responsibilities: meet the bills, feed the family, pay the mortgage, and pay government taxes/fees. And recorded in this brain is that part of the standards which say: Do what your clients expect; do what everyone else does. As paraphrased, the sole guides to an acceptable scope of work.

Worth reading. Short. Plus the comments.
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7 Fantastic Frank Lloyd Wright Homes

Excerpt: Dubbed by the American Institute of Architects as the “greatest American architect of all time,” Wright designed more than 1,100 buildings, 532 of which were eventually built. From his early designs in the low-slung Prairie School style to the efficient, affordable Usonian style inspired by the Great Depression, everything Wright created aimed to create spaces that he described as “eloquent and humane.”
Photos and info at:

https://www.realtor.com/news/trends/frank-lloyd-wright-homes-on-the-market

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9-20-18 Newz// Zillow Addicts – Pyramid House – Favorite Podcasts

Unusual pyramid house in Malibu takes its cues from the sun and moon

Excerpt: This one-of-a-kind residence looks like it belongs in the swirling sands of Giza rather than on a hilltop in Malibu. The three-bedroom house was designed for two astronomy photographers and built to face the magnetic north like the needle of a compass. Sitting on one of the highest points in the Santa Monica Mountains, it has perfect vantage for observing the ocean as well as the movements of the sun and moon.

Read more and see the fotos plus video!! Currently listed for $2,999,000. Has been on the market for awhile.
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9-13-18 Newz// Disasters – Working Together – Nonbank lender risk

When a Disaster Strikes, Are You Prepared?

By Bruce Ford
Excerpt: In 2017, California experienced the most destructive wildfire season on record. There were over 9,000 fires that burned covering 1,381,405 acres. The fires destroyed anything in its path. Damaging more than 10,000 structures and resulting in over 40 causalities.

The author, Bruce J. Ford, Chief Appraiser of NorCal Quality Appraisals and California native… collaborated with other appraisers in the area to help those in need.

Read this article for lots more info:

My comment: Disasters can occur anywhere, any time. Fire, flood, hurricanes, etc. In my area, the 1989 earthquake and the 1991 Oakland firestorm were the most recent. I will never forget driving by all the remaining fireplaces trying to find the properties I had appraised to see which were gone. It was very, very sad. Now, I really worry about the failure to do much about the large amount of trees and brush that are a significant fire hazard in the Oakland/Berkeley hills and many other Bay Area cities.

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9-6-18 Newz//School Premiums – Cabin Fever – Appraiser Diversity

Where Are the Largest Public School Real Estate Premiums in U.S.?

Excerpt: Coastal cities and their suburbs dominated the California list, with America’s most expensive prime public school areas dotting California-from the mansion-speckled towns around Silicon Valley to the affluent school district of Rancho Santa Fe, outside of San Diego.

Note:  This article focuses on California, Washington state and New York city.

Click here to see a map of the school ratings where you appraise, used to live, live now, etc. Definitely accurate for my city. Yes, being in some districts make a difference in value… Fascinating!!

https://www.greatschools.org/

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