Hello, and welcome to Real Estate Reality Radio. The most important hour of radio every Friday from 9 to 10 on WBCB 1490 am. Thank you for joining Vince and me. For those of you who are not familiar with the show I am the guy with a bow tie and an attitude and Vince is the fun affable best friend. Our show is dedicated to dispelling the myths associated with Real Estate and finance in your marketplace.
Within every market there are obstacles and solutions on the path to tremendous opportunities. Vince and I think most people are looking for practical advice. Please feel free to call 215-740-8999 or visit peterbuchsbaum.com.
We are thrilled to be joined today by Harry Dougherty from Total Appraisals.
SUMMARY
ACTIVELY ENGAGED IN THE APPRAISAL OF REAL ESTATE SINCE GRADUATION
FROM “LA SALLE” COLLEGE IN 1968 EXCEPT FOR INTERRUPTION FOR
MILITARY SERVICE DURING 1969 TO 1970. APPRAISALS HAVE INCLUDED BOTH
SINGLE FAMILY RESIDENTIAL AS WELL AS MULTI-FAMILY RESIDENTIAL UNITS.
FHA “DIRECT ENDORSEMENT UNDERWRITER”. #C-375 VA “AUTOMATIC” UNDERWRITER.
WORK HISTORY
1997 – Present VICE PRESIDENT AND CO-OWNER “TOTAL APPRAISAL SERVICES, INC.
THE COMPLETION AND REVIEW OF APPRAISAL PERFORMED FOR VARIOUS LENDERS IN THE MORTGAGE INDUSTRY. REPORTS INCLUDE BOTH COMPLETE AND LIMITED APPRAISAL REPORTS AS DEFINED BY THE UNIFORM STANDARD OF APPRAISAL PRACTICE.
1987-1997 STAFF APPRAISER, “CARDINAL FINANCIAL CO”
COMPLETION OF APPRAISAL REPORTS FOR USE BY PRIMARY COMPANY IN THE LOCAL PHILADELPHIA METROPOLITAN MARKET AREA. DUTIES INCLUDED BOTH REVIEW OF REPORTS COMPLETED BY OTHERS AND ADVICE TO STAFF OR CONTRACT UNDERWRITERS
1986-1987 STAFF APPRAISER AND UNDERWRITER, “EB MORTGAGE CO”
STAFF UNDERWRITER AND APPRAISER INCLUDING CONVENTIONAL AND FHA MORTGAGE APPLICATIONS.
UNDER WRITER AND APPRAISER, “KIRK MORTGAGE CO. ”
STAFF APPRAISER, “US DEPT OF HOUSING AND URBAN DEVELOPMENT”
It has been an interesting week in the way of current events. Bank of America settled a federal lawsuit alleging discrimination for $335 million. The House and Congress need 5 weeks vacation with pay but can’t extend the payroll tax cut both sides of the isle think is vital to our economy. Congress thinks that if Fannie Mae and Freddie Mac charge higher fees others will lend money. Foreclosure sales still pummeling home prices. Values have been in the forefront of our discussions over the past week so we felt a visit from a well respected appraiser was appropriate.
So in light of our visit today from Harry I wanted to concentrate on Home Valuation Code of Conduct and the different types of appraisals asked for in this market. Tune into WBCB 1490am from 9:00 to 10:00 Fridays to hear directly from an appraiser what is being asked for in the new appraisal system.
Next week we will be joined by another member of Right Side Up. Thank you for joining us. Happy Holidays!
