Comments on: Black Cat Causes Fair Housing Issue with AMC https://appraisersblogs.com/appraisal/black-cat-causes-fair-housing-issue-with-amc/ Appraisal News and Tips for Real Estate Appraisers Fri, 04 Dec 2015 06:14:36 +0000 hourly 1 https://wordpress.org/?v=7.1.1 By: Baggins https://appraisersblogs.com/appraisal/black-cat-causes-fair-housing-issue-with-amc/#comment-7957 Sun, 21 Oct 2012 19:25:45 +0000 https://appraisersblogs.com/?p=3462#comment-7957 This article reflects one single instance regarding events that happen every day of the week. If the persons handling the appraiser, appraisal review, and appraisal management knew what they were doing, the proverbial litter would not have hit the fan with this one. Some other examples if industry terms and approaches amc’s are clueless about are as long as the industry issues themselves.

]]> By: Retired Appraiser https://appraisersblogs.com/appraisal/black-cat-causes-fair-housing-issue-with-amc/#comment-7860 Mon, 08 Oct 2012 19:14:16 +0000 https://appraisersblogs.com/?p=3462#comment-7860 That had to be PCV Murcor or Appraiser Loft before they bit the dust. I submitted a report once to one of these two companies along with a ton of photos because of the numerous issues the property had. The third photo (typically used for the street scene) showed one of many photos that I took of the front of the home. The photo was clearly labeled (Front Photo III). The AMC asked me why there was a photo of a house in the street scene. I said there was not as each of the 15+ photos were correctly labeled. We went around and around over removing the photo. It came to a head when they sent over 40+ comparable sales and asked me to review each sale and address in detail why we chose not to use these sales. When I offered to complete the work for $50 per comp they threatened to cancel the order that had already been completed and rested in their computer banks.

In response, I turned them in for coercion and attempting to change our value. I received payment via FedEx the following day.

In hindsite I now realize that a computer was reviewing their documents and would only recognize a street in the 3rd place photo location. This is the primary reason that the majority of AMCs appear to be a collection of innept bubbling A Holers. Their high school phone kids are simply relaying instructions handed to them that are generated by computers.

Now you have a clue why Appraiser Loft bit the dust. The rest will follow in time.

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