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Posted on 8/27/20 at 9:12 am to BeepNode
Notice, they don’t tell you how much time elapsed from the first appraisal to the second.
This is bullshite.
This is bullshite.
Posted on 8/27/20 at 9:13 am to BeepNode
Well Atleast she figured it out and corrected the problem
Posted on 8/27/20 at 9:15 am to BeepNode
I used to do appraisals and home decor is not a factor.
Posted on 8/27/20 at 9:23 am to dsides
quote:
They don’t know how appraisals work.
That’s the thing, neither do the idiots who read shite like this, and believe. The vast majority of them have never purchased a house.
Posted on 8/27/20 at 9:24 am to go_tigres
quote:
I’ve literally have sold well over a hundred properties and never has an appraiser gone inside.
Really? The appraiser even came inside my home for a refinance.
Posted on 8/27/20 at 9:25 am to BeepNode
Sounds like the 1st guy wasn't very good at his job. In any case, I would be excited, an increase of 135k is alot of money
Posted on 8/27/20 at 9:26 am to BeepNode
Predominantly black neighborhoods have lower property values because of higher crime rates and lower performing school districts, not because you have a picture of Uncle Jay and Aunt Felicia on the wall.
Posted on 8/27/20 at 9:35 am to BeepNode
The appraisal should not have been that far off value the first time it was done. It's a reasonable conclusion that the first appraiser was a redlining a-hole.
Posted on 8/27/20 at 9:35 am to BeepNode
Thoughts
1) no one has generational wealth from an appraisal. Selling the place would and the market price would adjust correctly
2) need to see both appraisals...did the first appraisal not count a renovation/addition that had not been approved yet?
3) ortega for the most part is a very nice area. Lots of large river front homes but 465 is still a nice place. Congrats?
4) there is an appraiser problem. Exacerbated by legislation from the 07/08 meltdown but ive seen over 5000 appraisals in my life....i cant say that i have never seen one 40% off but i don't remember that drastic of a difference
1) no one has generational wealth from an appraisal. Selling the place would and the market price would adjust correctly
2) need to see both appraisals...did the first appraisal not count a renovation/addition that had not been approved yet?
3) ortega for the most part is a very nice area. Lots of large river front homes but 465 is still a nice place. Congrats?
4) there is an appraiser problem. Exacerbated by legislation from the 07/08 meltdown but ive seen over 5000 appraisals in my life....i cant say that i have never seen one 40% off but i don't remember that drastic of a difference
Posted on 8/27/20 at 9:37 am to BeepNode
I would believe this were true or an issue if they removed all their blackness and their neighbor's houses went up by 100k. I'm not really surprised that a family who has their house decked out in 'da struggle' leaders would look for something racist to complain about so they can act like they're oppressed living in 330-500k suburbia.
Posted on 8/27/20 at 10:11 am to BeepNode
Well got dayum if taking down pictures of my honky arse family sells my house for 465k I’m doing it.
Posted on 8/27/20 at 10:21 am to BeepNode
I didn't think homeowners were normally at home when the appraiser arrives. Maybe that was the reason the appraiser was surprised.
Posted on 8/27/20 at 11:08 am to BeepNode
Well to start with you generally don’t want the owners, or the buyers around when you do an appraisal.
A 40% change in an appraisal is complete bs, absent some major change to the area which would drive prices up. For which you’d have the comps reflecting it.
Someone is lying
A 40% change in an appraisal is complete bs, absent some major change to the area which would drive prices up. For which you’d have the comps reflecting it.
Someone is lying
Posted on 8/27/20 at 11:14 am to BeepNode
Congrats on the new tax bill.
Morons
Morons
Posted on 8/27/20 at 11:21 am to BeepNode
Lol yeah because appraisals always come in at same amount
Posted on 8/27/20 at 11:30 am to BeepNode
So many variables to consider and of course the news article won't ask any questions as long as the narrative of racist arse American is shown.
Posted on 8/27/20 at 11:32 am to BeepNode
So, they used 2 different appraisers and were surprised they got 2 different #'s?
Where did normalcy and common sense go?
Where did normalcy and common sense go?
Posted on 8/27/20 at 12:04 pm to Vestigial Morgan
I'd like to see the comps used for the separate appraisals.
Generally the comps have major impacts on the end result appraised value
Generally the comps have major impacts on the end result appraised value
Posted on 8/27/20 at 12:14 pm to BeepNode
quote:
Thoughts?
Profit
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