u/Single_Farm_6063

The job I was bitching about yesterday finally got sent over to the lender this morning. One of my comps had a large ($72,000) seller concession noted on the listing. I had contacted all three agents (LA, Co LA and BA, days ago to ask about it. Per usual, never heard back. So I put a comment in the appraisal that no info was provided to me regarding this, figuring there was something that came up in inspections. Anyhow, the co LA just calls me and gave excuse after excuse before telling me that was NOT a concession, but the amount of the commission paid by the seller. WTF. Apparently, agents selling multi-million dollar estates are just as shitty as ones selling your average $300,000 sf home.

Nightmare property with no comps for a home equity. It seems all I am getting lately. 3000+ sf house with a semi attached ADU, inground pool, heated and cooled office above an outbuilding, 6+ acres in a rural area of farms, or multi million dollar estates. built in 2016, ADU added later. Anything similar to this are "old money" estates of 20-50+ acres, built in the early 1800's with horses or extensive manicured grounds worth in the 10's of millions. This one is assessed at 1.2 mil. UGH.

Can someone please decipher the following comment in a listing? "Solar Panels $228 a month for 20 years (owned)." I interpret this to mean there is a large loan on them, therefore they are not "owned" and I should not assign them any value, correct?

I am beginning to suspect a few of my core clients are using alot of appraisal waivers. 90% of the orders I have gotten in the past month from lenders (not AMCs) are unusual properties. Log homes on 30+ acres, "carriage house" style where the whole bottom floor is a 3 or 4 car garage with a 1 bed, 1 bath living unit on the second floor; Yurt type things!; and today, an 1850's village colonial that looked easy peasy, until i inspected and found out the only kitchen is below grade in the basement. WTF. Anyone else getting a majority of these stinkers?