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re: Calling all real estate appraisers!

Posted on 4/10/17 at 8:54 pm to
Posted by airfernando
Member since Oct 2015
15248 posts
Posted on 4/10/17 at 8:54 pm to
My house and pond are over 50 years old. County appraisers have been coming here every 4 years like clock work. This is the first time an appraiser "realized" I have a pond in spite of having to drive past it to get to my house.

One year the country appraisers tried to claim I had added onto my house, which never happened. Fortunately we had a recent appraisal and had past paperwork from the county to verify the house was the same size then as it was before I bought it.

Basically, many appraisers seem to be giant idiots at best and corrupt at worst.

Keep all paperwork from appraisals as long as you live where you live.
Posted by yellowhammer2098
New Orleans, LA
Member since Mar 2013
3850 posts
Posted on 4/10/17 at 9:12 pm to
quote:

Basically, many appraisers seem to be giant idiots at best and corrupt at worst.



County appraisers are often viewed as "worse" because they're employing mass appraisal techniques to appraise thousands of properties a year.

Residential fee appraisers are doing appraisals for $300-$500 so they have to do a ton of them to make any money.

Even commercial appraisal fees have gone down 25-50% in the last few years and typical "timing" of appraisals has gone down from 3-4 weeks to 2 weeks.
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