Thursday , 17 January 2019

Carol Trice

Carol Trice
Carol Trice | Director of Quality and Review Services for Clarocity, Inc. Carol Trice has over 30 years of real estate appraising experience, including 11 years in commercial valuation. Carol earned the MAI designation in 1990 but resigned in good standing when her career shifted from the commercial area to residential valuation in the late 1990’s. With the switch to residential valuation, Carol owned and operated Trice Appraisal based in Charlotte, NC. A relocation to FL brought Carol to Bank of America as a staff appraiser and team lead. After 5 years, Carol spent the next 8 years with Hudson Advisors/Caliber Home Loans, Inc. managing the capital markets and servicing valuation department. Caliber Home Loans, Inc. is a mortgage servicer specializing in default products owned by a private equity fund. Carol Trice is a Certified General Appraiser in Texas and a Certified Residential Appraiser in Florida.

Quality vs. Condition

Quality and Condition are different lines on the grid for appraisal analysis. I can see how these two can become easily intertwined, but they are two separate and distinct issues. In practice, these two items are often comingled and intertwined. Here is the best analogy I heard identifying the difference between Quality vs. Condition. I can’t take credit for it. …

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Giving Thanks

It may be a little cliché to think about what we are thankful for during the Thanksgiving holiday, but in current society, we are constantly “doing” and rarely just sitting, thinking, and reflecting. Actively taking time to think about what we are grateful for helps us to pause and acknowledge our hard work. From all the members of the Allterra …

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What’s in a Name?

The Difference Between Architectural Style And Ownership Confusion abounds regarding the use of the term condominium often as a design/style description. However, a condominium is a form of legal ownership. Not all condos are garden style units just like not all tissues are Kleenex brand. Guilty as charged. I catch myself often generically asking “is it a condo or a …

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Tell a Value Story: Analysis of Prior Sales History

I see hundreds of appraisals every week. Because of this, I see common threads in how appraisals are completed which are not developed using proper appraisal process and/or not USPAP compliant. Many of these issues are due to improper training or lack of knowledge. Part of the problem is that appraisers typically get trained by one supervisor who may or …

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Dreams of Getting Published?

Appraisal Buzz is looking for a few good writers. We are looking for appraisers who are passionate about valuation and want to contribute to the appraisal community by sharing your experience and knowledge. Appraisal Buzz readers are a mix of both field appraisers, review appraisers, appraisal managers and vendors. With such a diverse readership, the range of topics is endless. …

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Hot Off the Presses

May 2017, the Federal Trade Commission (FTC) and the Louisiana Real Estate Appraisers Board (LREAB) have been involved in a legal ping pong battle regarding “customary and reasonable fees”. Most recently, on July 24, 2017, the State of Louisiana’s Motion to Stay as requested by the LREAB on July 18, 2017, was granted. The LREAB’s Motion to Stay states: On …

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