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Why is an Appraiser Asking Me About an Old Comp?

Portland Appraisal Blog

The appraisal report is not for lending: The overwhelming majority of appraisal reports are written for a lending institution due to a sale or refinance—certainly over 90% and most likely approaching 99.9%. Sometimes the report is not for lending and the effective date of value is not contemporary but is a point in the past.

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Appraising Fixer Uppers

Appraisal Today

Appraisers sought to bracket the subject using three comparable sales. If our business revolves around mortgage lending, we are used to dealing with clients who have a certain level of sophistication. Many of us have learned to truncate our verbiage because our lending clients do not want to read volumes.

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Getting Appraisers to Reconsider Value—Do’s & Don’ts

Portland Appraisal Blog

The purpose of this blog post is to lend some insight into what an agent should do and not do during the third stage. Which is a legal no-no.). 4) “Bracketing” of most major features. (No 4) Depression—that idiot appraiser killed my deal. It’s not fair. 5) Acceptance—that idiot appraiser killed my deal. 2) No sales over a year.