functional utility - Appraisers Blogs https://appraisersblogs.com/tag/functional-utility/ Appraisal News and Tips for Real Estate Appraisers Fri, 03 Jan 2025 03:54:02 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.2 https://i0.wp.com/appraisersblogs.com/wp-content/uploads/2015/04/ABfavicon.png?fit=32%2C32&ssl=1 functional utility - Appraisers Blogs https://appraisersblogs.com/tag/functional-utility/ 32 32 52046035 Fannie Mae Filed a Complaint Against Me https://appraisersblogs.com/fannie-mae-filed-a-complaint-against-me/ https://appraisersblogs.com/fannie-mae-filed-a-complaint-against-me/#comments Wed, 18 Oct 2023 12:30:39 +0000 https://appraisersblogs.com/?p=30011 An appraiser shared the following with us which was posted on one of the appraisers’ groups. Fannie Mae filed a complaint against me with my state appraisal board. Here’s what happened. The Report In June of 2021, I completed an appraisal for a conventional purchase. The appraisal was ordered by an AMC on behalf of a lender. At that time, the real estate market was still being wildly affected by the COVID pandemic. Remote work was in full swing, and consumers were desperately seeking to get out of the cities. Prices for all types of residential properties were rising rapidly,...

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]]> https://appraisersblogs.com/fannie-mae-filed-a-complaint-against-me/feed/ 39 30011 Expert Wants to “Eliminate” Appraisers https://appraisersblogs.com/response-2-mortgage-expert-2-eliminate-appraisers https://appraisersblogs.com/response-2-mortgage-expert-2-eliminate-appraisers#comments Mon, 07 Jan 2019 13:30:29 +0000 http://appraisersblogs.com/?p=20546 Mortgage Industry Expert Wants to “Eliminate” Appraisers – A Response The National Mortgage News website just published an interview with an industry expert who openly stated she wants to “eliminate” the appraisal profession. No subtlety, no nuance — she wants us gone! Given the name of the website, I didn’t expect to find too many pro-appraiser viewpoints. I ran a search for the term “appraiser” on the website’s internal search engine and many of the articles that came up were about eliminating the profession or the current state of appraisal waivers.…to “eliminate” the appraisal profession…   Rather than read the article...

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]]> https://appraisersblogs.com/response-2-mortgage-expert-2-eliminate-appraisers/feed/ 109 20546 Non-permitted Additions https://appraisersblogs.com/appraisal/non-permitted-additions/ https://appraisersblogs.com/appraisal/non-permitted-additions/#comments Wed, 05 Sep 2012 12:30:00 +0000 http://appraisersblogs.com/?p=3345 “What is the big #$%^&*@! deal with non-permitted additions?” The last few weeks I have noted a common theme in my conversations with appraisers across the nation. This topic seems relatively simple and yet since I have encountered endless questions I thought this post may add something to overall community. The question boils down to “What is the big #$%^&*@! deal with non-permitted additions?”, for residential lending purposes. Of course this stems from the fact that many residential lenders are pushing back appraisals that have given value consideration to an addition which was non-permitted at the time of construction. This...

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