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Pushing Rope: It Property Appraisal Values, Stupid

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The Fannie Mae Servicing Guide states that "To determine the current appraised value of the property, the servicer must select an appraiser, order a new appraisal (which must be based on an inspection of both the interior and exterior of the property and be prepared in accordance with our appraisal standards for new mortgage originations)."

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You can get a home based business license. I have my home address on my license although I have a warehouse that I ship from. they just have to verify you won’t be taking customers at the residence and some other rules, but as a home base it’s fine. It’s the same form, you just check the home based business box. I am in Cherokee county.

So often, the question degrades into something like "Why does the regression software give stupid answers?" I pushed the magic button! People do not like the answer. You’re paid to do an analysis, not wave a magic wand, or push a magical appraisal button. We have another name for that, it’s called an AVM.

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