Thoughts of R Scott Pierce Real Estate Appraiser

New Rural Property Underwriting has me thinking twice about completing any more rural property appraisals.  Last week the underwriter ask me to count the head of cattle on the property, and place a comment in the report that no money is being made from farming the land.  Before that report, an underwriter ask me to place a comment in the addendum certifying that the property is not on a reservation.  And last but not least wanted me to find comps within a mile of our subject.  Hey Mr. underwriter!...there are no houses within a mile of the subject period.  Who are these people that demand all these ridiculous comments?  The dummies surely are not from Mississippi or from any rural area in the U.S.  My belief is that they barely have a brain.  Maybe they should look up sometimes from there guidelines so they will stop running into walls. 

The next big issue is having a rural property reviewed by an in-house appraiser.  You know ...the guy that got his license last month and still has no clue as to the real world rural appraisal dilemmas.  If the company depends on his review to grade you, it always gonna come up short compared to appraisers that only except "cookie cutter" reports. Those reports that have three very similar comps within a month old, with a minimum of adjustments. 

So in light of my experience of these issues, I have decided that no more rural properties are coming from this office.  I would rather do less work and have the dummies thinking they are getting good work than work my butt off and have them thinking my report is below par. Good riddance.