Residential Appraisal Services


VALETORRE

Topics of discussion


hvcc - Now known as New Appraisal Guidelines Oct./2010


USPAP- Uniform Standards of Professional Appraisal Practice. Brief discussion on the Rules and regulations that govern appraisers.

Agent/Appraiser Relationship - Professional or personal.

Scope of Work - Who is the client? What are the intended uses of the appraisal? Who is the intended user? Expanded scope of work?

Comparables - How do we choose comparables?

Appraiser Experiences - Share an experience with an appraiser, good or bad. What constitutes a good appraiser?

Frank Dodd Act - Brief Discussion on the Wall Street Reform Act

Appraisal Blog- Insightful information from an appraiser in Sacramento named Ryan Lundquist.


Past Events 


THANK YOU AGENTS

Thank you agents at David Lyng in Capitola in early May 2014.  It was a huge success! Thank you David Lyng and Jenny Putney for giving me the opportunity to speak to your agents. Great questions! We learned a lot. Interview the appraiser, and make sure he is competent and qualified to be within the subject's specific market area.

Thank you agents at Coldwell Banker - Prunedale - 17571 Vierra Canyon Rd, Salinas in mid June. Especially, thank you Frank Maynard for the opportunity to speak to the agents. All agents can call me anytime. I'd be happy to explain more about what constitutes a true market comparable. Interview the appraiser, your market area is very complex, and an expert should know what is considered unique to that area.

Thank you agents of Campos Real Estate Coldwell Banker - 617 E Lake Ave, Watsonville in end of June. Especially, thank you Becky Campos for the opportunity to speak to the.agents. Great questions! Great points about AMC's control of the process on how an appraisal is assigned, through random distribution of orders. You're right! The mortgage mechanics are wrong. The distribution of orders, "Should not be based on a randomly assigned ordering system which sacrifices geographical competence for the lowest appraisal service price. The AMC should disclose the difference between appraisal service and administrative fee. We need more Appraisal Firms! Call me anytime, we can discuss more about what is considered a comp. Remember, offering a group of sales, not comps, that you think best represent the subject property within the market area is not a violation of ethics or appraiser/agent guidelines. Not all appraisers will accept a packet of sales, but its not a violation of ethics to offer sales. Never mention value and you're fine.


FREE APPRAISAL CONSULTING

I will be offering free appraisal consulting to real estate agents, loan officers, attorneys, and the public. If you have a group of professionals who would be interested in free appraisal consulting, then please contact me, and we can arrange a meeting. 

Why? The reason for my interest in offering free appraisal consulting services is to educate the public on the new rules and regulations that govern appraisers, discuss the myths about appraising, and to change the perception that all appraisers are closet dwelling hermits who don't like to be talked to. Most importantly, to improve the relationship between real estate agents and appraisers.


NEW FAVORITE REAL ESTATE TERM

Parcel Mullet - A property that is well maintained in the front yard, but has been neglected in the rear yard.