Gregg Wynn, Broker/Appraiser, CA DRE# 1186381

I completed my 3rd (yes only my 3rd) appraisal for an AMC yesterday (hardly any of them will call me because I think that I'm worth $350 for a full 1004 w/1004MC), and yesterday I got an e-mail from the manager of that AMC. The property was built in the late 60's, and I had used only comparables that were also built in the late 60's. For those of you who know, homes built in 1976 or later often have cathedral ceilings and superior floor plans, and usually command a higher price than homes built prior to 1976.

Her e-mail was this lengthy three page rant about why she felt that I should have used comparables that the owner found for me, even though they were built in 1979, 1980, 1985, and 1990. Well guess what honey, I'm the Appraiser, and you're the AMC Manager, and that's lender pressuring whether you're the lender or not. I guess I won't be working for them anymore, because I'm not an IDIOT!

If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Orange County, La Habra, La Habra Heights, Whittier, Brea, Fullerton, Anaheim, Placentia, Yorba Linda, La Mirada, Buena Park, Cypress, La Mirada, Hacienda Heights, or Norwalk. Feel Free to give me a call at 714.441.1987 (USA) or email me at wynng@roadrunner.com or visit my website at http://www.SoCalRealEstateBrokers.com

The word is that within 6 months or so, the major banks are going to start selling their current REO properties, and their delinquent/short sale properties in one process. Instead of paying an REO agent to list the property, they're going to produce a list of all their inventory, and delinquent properties, prequalify the buyers' and pay the commission to the agent who provides the buyer. Buyers agents are sure to be the beneficiaries of this change. Please let me know if you have any more details on this rumor.

If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Orange County, La Habra, La Habra Heights, Whittier, Brea, Fullerton, Anaheim, Placentia, Yorba Linda, La Mirada, Buena Park, Cypress, La Mirada, Hacienda Heights, or Norwalk. Feel Free to give me a call at 714.441.1987 (USA) or email me at wynng@roadrunner.com or visit my website at http://www.SoCalRealEstateBrokers.com

Country Hills is a well kept secret in the in City of La Habra California, located on the border of Fullerton. Better known due to it's namesake is La Habra Heights, which boasts views of Catalina Island. Our side of the Canyon has panoramic views of Downtown Los Angeles to the NW, and the San Gabriel Mountains to the N-NE.

If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Orange County, La Habra, La Habra Heights, Whittier, Brea, Fullerton, Anaheim, Placentia, Yorba Linda, La Mirada, Buena Park, Cypress, La Mirada, Hacienda Heights, or Norwalk. Feel Free to give me a call at 714.441.1987 (USA) or email me at wynng@roadrunner.com or visit my website at http://www.SoCalRealEstateBrokers.com

I completed my 3rd (yes only my 3rd) appraisal for an AMC yesterday (hardly any of them will call me because I think that I'm worth $350 for a full 1004 w/1004MC), and today I got an e-mail from the manager of that AMC. The property was built in the late 60's, and I had used only comparables that were also built in the late 60's. For those of you who know, homes built in 1976 or later often have cathedral ceilings and superior floor plans, and usually command a higher price than homes built prior to 1976.

Her e-mail was this lengthy page and a half rant about why she felt that I should have used comparables that the owner found for me, even though they were built in 1979, 1980, 1985, and 1990. Well guess what honey, I'm the Appraiser, and you're the AMC Manager, and that's lender pressuring whether you're the lender or not. I guess I won't be working for them anymore, because I'm not an IDIOT!

If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Orange County, La Habra, La Habra Heights, Whittier, Brea, Fullerton, Anaheim, Placentia, Yorba Linda, La Mirada, Buena Park, Cypress, La Mirada, Hacienda Heights, or Norwalk. Feel Free to give me a call at 714.441.1987 (USA) or email me at wynng@roadrunner.com or visit my website at http://www.SoCalRealEstateBrokers.com

During my 18 years as a Residential Appraiser, I've met with many different Real Estate Agents; some of whom knew what they were doing, and many who didn't have a clue. I found them all making a lot of the same mistakes about how they approached me. Here are just a few recommendations.

1) Have the property ready for inspection, with all utilities on and keys to all areas.

2) If the Appraiser shows up late, don't blow your top, at least not until the report is completed.

3) Don't follow them around like a little puppy dog, if they were Felons they wouldn't be appraising.

4) Try to be nice, even if you're not a nice person, they're not there to evaluate your persona, but rudeness won't help your cause. If you feel that you have to question their ability, be witty about it.

5) Don't tell them "the buyer is going to fix that after the close of escrow," they couldn't care less.

6) Don't try to hide deferred maintenance, like covering it up with a rug, it will only make them look closer for other possible defects.

7) If you're going to provide the Appraiser with sale comps, take the time to go over them with them, not just to shove them at them. If you know what you're talking about, they'll likely appreciate it.

8) Don't quote what another Appraiser said, period. Whether it's about value or otherwise.

9) Don't promise them future business if they do you a favor. This won't likely apply now that HVCC is in effect, but Realtors and Loan Officers alike have used that one to death. I never bought it, ever.

10) Be patient. Calling them 1 or 2 days after the inspection will only push their button. Call them on the 3rd day, and be polite. As with any person you have to deal with, be professional, and polite.

If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Orange County, La Habra, La Habra Heights, Whittier, Brea, Fullerton, Anaheim, Placentia, Yorba Linda, La Mirada, Buena Park, Cypress, La Mirada, Hacienda Heights, or Norwalk. Feel Free to give me a call at 714.441.1987 (USA) or email me at wynng@roadrunner.com or visit my website at http://www.SoCalRealEstateBrokers.com