Originally posted by: SampSon
Originally posted by: z0mb13
Originally posted by: SampSon
Originally posted by: z0mb13
Originally posted by: SampSon
I hate dealing with jackass homeowners who think their house is worth way more than it is.
Then when I explain that 3 houses on their street sold for 25K less than they think it's worth they tell me; "well the furnace, the kitchen cabinets and bathtub is new".
Gee, I didn't know that required maintenece increased value. :roll:
are u a property appraiser?? or underwriter??
I'm an appraiser. Underwriters barely know how to value anything. They just make sure you're following the fannie mae guidelines.
so I guess u do a lot of travelling?
hows the pay for a appraiser?
<--- interning at a mortgage company
Lots of mileage. I do about 2500-3000+ a month depending on how busy I am. As you go along it does get easier because you have more data available to you that you don't have to travel for.
The pay is directly related to how much you work. Just about every appraiser is on a fee basis. So if you're busy, you're banking, if you're dead, you're struggling.
This whole refi boom has definatly lined our pockets, but at the same time burnt us out. Lately the market shows signs of a big slowdown. Rates are still very low, and banks that want to do business always keep their rates artifically low. The economy is recovering, the rates are going to go up and appraisers are going to start hurting.
Aside from all of that, the job is cool. I work out of my home, make my own schedual and manage my own time.