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#1755228 06/07/16 02:11 PM
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R
Freak of Nature
Freak of Nature
R Offline
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The house we're trying to sell, appraisal for lender came in way low, not a couple thousand. We appealed it. So, same guy, next day. Wanna guess what he said?

Joined: Aug 2007
Posts: 9,040
14 point
14 point
Joined: Aug 2007
Posts: 9,040
Found something he missed and lowered the value??


Take your kids hunting instead of hunting your kids.

I'd rather be LOST in the woods than FOUND in the city.

Drive a hybrid, I need your gas.

Your mind is your primary weapon. Never let it get rusty.
Joined: Jan 2014
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J
Lucky Bastage
Lucky Bastage
J Offline
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What did he say?


The fool tells me his reasons; the wise man persuades me with my own.
Joined: Aug 2006
Posts: 32,451
Turkey Nut
Turkey Nut
Joined: Aug 2006
Posts: 32,451
He found a wood lathe in the shop?


Some men are mere hunters; others are turkey hunters. —Archibald Rutledge—
Joined: Feb 2016
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Likes: 190
Fancy
Fancy
Joined: Feb 2016
Posts: 10,972
Likes: 190
Yeah, we went to refinance several years ago and ours appraised for MORE than what we owed. Yet when we wanted to appraise it to get rid of it of course it was much lower than what we owed.

Joined: Oct 2011
Posts: 3,524
H
10 point
10 point
H Offline
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Posts: 3,524
Lowered it because you don't have a Transgender bathroom?

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Likes: 22
R
Freak of Nature
Freak of Nature
R Offline
Joined: Nov 2011
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Likes: 22
Originally Posted By: jbatey1
What did he say?


He said he was right. Imagine that. "I have reconsidered and I'm still right"

Joined: Jun 2012
Posts: 6,759
Likes: 5
14 point
14 point
Joined: Jun 2012
Posts: 6,759
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Originally Posted By: hunting13
Lowered it because you don't have a Transgender bathroom?



rofl


In your darkest hour when the demons come, call on me brother and we'll fight them together.
Joined: Sep 2015
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jbc Offline
14 point
14 point
Joined: Sep 2015
Posts: 9,541
Originally Posted By: Remington270
Originally Posted By: jbatey1
What did he say?


He said he was right. Imagine that. "I have reconsidered and I'm still right"


It's 90% comps in my experience

Joined: Mar 2010
Posts: 264
D
4 point
4 point
D Offline
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Posts: 264
I'm an appraiser. It's 100% comps. Comps in being " comparable sales within the last year". Same area, close to same age, similar style and similar square footage. Home values are crazy in some areas. It's like the stock market. Depending on what sold, when you are selling or refinancing. It could be up or down. I deal with this everyday. If you have some questions pm me. I may can help.

Joined: Aug 2007
Posts: 9,040
14 point
14 point
Joined: Aug 2007
Posts: 9,040
Originally Posted By: hunting13
Lowered it because you don't have a Transgender bathroom?


lol That was great!!


Take your kids hunting instead of hunting your kids.

I'd rather be LOST in the woods than FOUND in the city.

Drive a hybrid, I need your gas.

Your mind is your primary weapon. Never let it get rusty.
Joined: Nov 2014
Posts: 14,858
Likes: 33
Puts sugar in his cornbread!
Puts sugar in his cornbread!
Joined: Nov 2014
Posts: 14,858
Likes: 33
Homes always are cheaper when you need to sell.


It be's that way sometimes.

www.sunpoolcompany.com
Joined: Sep 2015
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jbc Offline
14 point
14 point
Joined: Sep 2015
Posts: 9,541
Originally Posted By: DUCKDUCKGOOSE
I'm an appraiser. It's 100% comps. Comps in being " comparable sales within the last year". Same area, close to same age, similar style and similar square footage. Home values are crazy in some areas. It's like the stock market. Depending on what sold, when you are selling or refinancing. It could be up or down. I deal with this everyday. If you have some questions pm me. I may can help.


I was going to go 100% but I didn't want to seem to be exaggerating. I've been burned, and I've been helped, it's crazy how one bad one can roll off, or one good one can roll on, and yours changes drastically

Joined: Dec 2010
Posts: 18,338
Likes: 87
Old Mossy Horns
Old Mossy Horns
Joined: Dec 2010
Posts: 18,338
Likes: 87
Originally Posted By: DUCKDUCKGOOSE
I'm an appraiser. It's 100% comps. Comps in being " comparable sales within the last year". Same area, close to same age, similar style and similar square footage. Home values are crazy in some areas. It's like the stock market. Depending on what sold, when you are selling or refinancing. It could be up or down. I deal with this everyday. If you have some questions pm me. I may can help.


LOL. You're not the guy that has already appraised it twice are you? laugh

Joined: Nov 2011
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R
Freak of Nature
Freak of Nature
R Offline
Joined: Nov 2011
Posts: 22,603
Likes: 22
Originally Posted By: metalmuncher
Originally Posted By: DUCKDUCKGOOSE
I'm an appraiser. It's 100% comps. Comps in being " comparable sales within the last year". Same area, close to same age, similar style and similar square footage. Home values are crazy in some areas. It's like the stock market. Depending on what sold, when you are selling or refinancing. It could be up or down. I deal with this everyday. If you have some questions pm me. I may can help.


LOL. You're not the guy that has already appraised it twice are you? laugh


I know he's not, because nobody appraised it twice. Same guy said something, then said the same thing again the next day. He wasn't even off by $1,000. Pretty amazing skill whistle

Joined: Mar 2010
Posts: 264
D
4 point
4 point
D Offline
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Posts: 264
No it wasn't me. Not this time. But I've been there. Sometimes there's not much anyone can do. But with that said, there are some idiots out there. Just like every other profession.

Joined: Oct 2014
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K
10 point
10 point
K Online: IMG_0051.GIF
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Least house I sold had the pets on the table at 165,000. The appraiser only went 145,000. It was nice 2500 square foot with 10 acres of land and a barn. He told us he didn't count out buildings or anything over an acre. My realtor filed a complaint. They said, yea that guy always comes in low. But the best they would do was 150,000 . I lost $15,000.

Joined: Nov 2011
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R
Freak of Nature
Freak of Nature
R Offline
Joined: Nov 2011
Posts: 22,603
Likes: 22
Originally Posted By: DUCKDUCKGOOSE
No it wasn't me. Not this time. But I've been there. Sometimes there's not much anyone can do. But with that said, there are some idiots out there. Just like every other profession.


He won't even return my phone call. I understand he doesn't have to, but poor form.

Joined: Feb 2013
Posts: 8,618
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A
14 point
14 point
A Offline
Joined: Feb 2013
Posts: 8,618
Likes: 20
How far off from the comps you have seen is he? There are plenty of crap appraisers, plenty of appraisers who sidle it to their clients favor, and plenty of homeowners who have unrealistic expectations of their homes value.

Joined: Jul 2011
Posts: 39,598
Freak of Nature
Freak of Nature
Joined: Jul 2011
Posts: 39,598
You apparently forgot to slide him a hundo.


If my people, who are called by my name, will humble themselves and pray and seek my face and turn from their wicked ways, then will I hear from heaven and will forgive their sin and will heal their land. 2 Chronicles 7:14
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