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7 Strange home remodeling projects for appraisers
Excerpt: There’s a huge difference between decorating for your own pleasure and spiffying up your home to sell. If you’re staying put and pining for a purple bathroom, go for it! The resale value of your eclectic tastes don’t apply.
3. Too much purple or yellow
4. Too much cold white
7. A statement door that makes too much of a statement
To see all of them plus photos and details click here:
Covid-19 Residential Appraisers Tips on Staying Safe For Covid Updates, go to my Covid Science blog at covidscienceblog.com Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on data, weird interior design, mortgage origination stats, Covid tips for appraisers, etc. |
Things to know about water heaters during real estate transactionsBy Ryan Lundquist
Excerpt: Let’s have a quick conversation about water heaters. During a real estate transaction does the water heater need to be raised or not? What are lenders asking appraisers to look for? Does it matter if it’s gas or electric, or if it’s located in the garage or house? Here’s some things to know. Anything to add?
Worth reading… especially if you have to check them for FHA, etc. Plus, read the comments.
Covid-19 Residential Appraisers Tips on Staying Safe For Covid Updates, go to my Covid Science blog at covidscienceblog.com Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on beach towns, $2,358 PSF home, appraisal waivers, mortgage origination stats, Covid tips for appraisers, etc. |
The Magical Appraiser WandBy George Dell
Excerpt: Can you just give me some magical software which will calculate my adjustments?
I get asked questions like this often. Can you just show me how to do a graph a client wants? Can you just give me your class stuff so I don’t have to come all that way? So often, the question degrades into something like “Why does the regression software give stupid answers?” I pushed the magic button!
People do not like the answer. You’re paid to do an analysis, not wave a magic wand, or push a magical appraisal button. We have another name for that, it’s called an AVM. In addition to a point value prediction, AVMs can be tested for reliability. This is called the FSD (Forecast Standard Deviation). The AVM. It gets results. It’s fast. It’s cheap. And it provides a measure of reliability – the FSD.
Why would a client want something slower and more expensive with no measure of reliability? Why hire a pesky appraiser?
Click here for the answer!!
10-20 UPDATE: For lots of Covid analysis and news, go to my new covidscienceblog.com Covid-19 Residential Appraisers Tips on Staying Safe COVID Risk When Appraising Apartments and Commercial Properties Covid-19 Residential Appraisers Tips on Staying Safe Covid Airborne Transmission Inside Homes How to reduce Covid airborne transmission risk Physical distancing – 3 ft. vs. 6 ft. vs. 13 ft. vs. ??? – new research
ADD LINKS FOR HUMOR AND BIZ TIPS Covid-19 Residential Appraisers Tips on Staying Safe For Covid Updates, go to my Covid Science blog at covidscienceblog.com Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on , mortgage origination stats, Covid tips for appraisers, etc.
Covid-19 Residential Appraisers Tips on Staying Safe For Covid Updates, go to my Covid Science blog at covidscienceblog.com Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on waivers, air bnb , mortgage origination stats, Covid tips for appraisers, etc. |
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Is the Appraisal Profession Dying?By George Dell
Excerpts: Yes. Appraisal as we know it is dying.
Can it be saved? No.
So what should I do? What should “we” do?
To answer these questions, we need to look at causes and conditions. Some of these are obvious.
– Judgment is good; Analysis is better.
– Human generalization is excellent; Computation is fast…
So what can we do? If we cannot be saved. If computers are faster. If we have complete data. If we too have software. If we too can provide results instead of opinions… Leads to an obvious question: Can an experienced appraiser do these things as well as, or better than those others?
Worth reading at:
Covid-19 Residential Appraisers Tips on Staying Safe For Covid Updates, go to my Covid Science blog at covidscienceblog.com Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on hybrid appraisals, bpos, waivers, mortgage origination stats, Covid tips for appraisers, etc. ========================================= |
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CHANGE YOUR TEMPLATES!!, computer folders, etc.
RECORD YOUR 1/1/18 AUTO ODOMETER READING AND DON’T LOSE IT!!
For your mileage log. I also always go to my mechanic for oil change, etc. to get an “official” odometer reading, which the IRS prefers. I learned a lot after miserably failing my IRS audit of my “recreated” mileage log as I did not have one. |
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Is Your Life Integrated? – George DellTools for work, tools for life.Excerpt: This time of the year for many is a time of reflection and hope. My reflection today is how some principles of our profession may be principles of a successful life; what those principles may be, and how they’ve contributed to my joy and sense of satisfaction and service.
Very interesting. Worth reading!!
My comment: I have known George for many years. He has appraisal ideas I have never seen anywhere else. He is a regular contributor to the paid Appraisal Today.
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The Asymmetrical Charm of Crooked HousesThey’re like regular buildings, but with a twist.
Excerpt: THE BUILDINGS THAT OFTEN GET the most praise (one famed tower in Pisa not withstanding) are those that stand up straight, refuse to bend or bow over time. But those buildings are boring. The really compelling constructions are those buildings that, despite looking like they are slowly keeling over, continue to stand, and continue to be used.
Some whimsical tourist traps have been purpose-built at odd angles, but it’s the buildings that were never meant to lean that are far more fascinating. Whether due to construction errors, shifting ground, or just the accumulated weight of time, some buildings have become crooked masterpieces of architectural fortitude. Take a look at some of the most stunning crooked houses in the world.
My comment: Just For Fun!! Good fotos and descriptions. |
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