Tag Archive for: appraisal management company

Appraisers Ain’t A.M.C’s (Explained); Subjective vs. Objective Too

“Hey Rich, I need a $500,000 appraisal to make this refi work; there’s an extra $300 for you if you can push the value to $500,000…” That was the entire […]Read More

When to Expect High Appraisal Fees and/or Appraisal Delays

We recently had a Texas transaction involving a large acreage with a 1 bedroom home and an accessory dwelling unit. It took us a few weeks just to find an […]Read More

Buyer Gives Us $360 of Chocolate; Speed, Systems, Appraisals, Teams & Other Stories

SYSTEMS AND INTERNAL APPRAISERS – CLOSED IN 13 DAYS! A buyer recently gave us $360 of specialty chocolate b/c she thought we were getting too skinny. OK – actually, she […]Read More

What Realtors Can Say To Appraisers- Anything; Comp Guidelines

Lenders are not ever allowed to communicate directly with appraisers. We are only allowed to order appraisals through our Appraisal Management Company, which in turn contacts the appraiser. Realtors, however, […]Read More

Smart Appraisers Essential; Using Local Companies/Appraisers

“The unique nature of the subject property necessitates going outside of the typical market area of influence to garner adequate comparable sales data.” In 1994, a really smart appraiser taught […]Read More