2010 February

They couldn’t even have imagined

February 26, 2010 By Matt Case

While looking at a plat of the Village of Honor online, I noticed the stamp from the Auditor General’s office (circled below.) When the deputy auditor stamped that, I’m sure they had no sense that someone would be looking at their signature 115 years later. Much less that I would be doing so without actually possessing a paper copy of the document.

What are you doing today that will live on, in some small or large way, for the next hundred years?

Want to do some looking on your own? Here’s a link to Michigan’s Statewide Search for Subdivision Plats

Posted via email from Matt’s posterous

Filed Under: Uncategorized

HVCC (Home Valuation Code of Conduct) causes dysfunction… again

February 16, 2010 By mattcase

Yep, it’s happened again. An appraiser working out of his area (only slightly) has confounded me with an appraisal. This on a bank owned property I have listed. The seller had it appraised on September 25 2009 (what, 4.5 months ago?) and it came it at $47,000. I thought that was a bit high, and since the seller wanted to be aggressive, we took it on the market at $34,000.

New appraisal? $28,000.

The appraiser discounted listings that sold 3 months ago by 5%, indicating he believes the market to be declining at an annual rate of around 20%. That may be in his market area, but in the TAAR MLS, the 4 month average sale price trend is 3.07% to the positive.