1 00:00:00,000 --> 00:00:01,560 Welcome back. 2 00:00:01,560 --> 00:00:03,760 Welcome back. 3 00:00:03,760 --> 00:00:05,240 Yeah. 4 00:00:05,240 --> 00:00:06,760 Yeah. 5 00:00:06,760 --> 00:00:14,360 Welcome back. 6 00:00:14,360 --> 00:00:15,680 Welcome back. 7 00:00:15,680 --> 00:00:18,520 Value Nation presented by Nationwide Property 8 00:00:18,520 --> 00:00:22,200 and Appraisal Services, LLC. 9 00:00:22,200 --> 00:00:23,800 Michael Schwartz here with Charlie. 10 00:00:23,800 --> 00:00:25,200 What's going on, man? 11 00:00:25,200 --> 00:00:25,960 What's up, bro? 12 00:00:25,960 --> 00:00:27,000 Good to see you again. 13 00:00:27,000 --> 00:00:28,280 Glad to be back. 14 00:00:28,280 --> 00:00:29,160 Let's get into it. 15 00:00:29,160 --> 00:00:34,440 I think that the one big piece that people, 16 00:00:34,440 --> 00:00:36,080 they either they want to talk about it, 17 00:00:36,080 --> 00:00:38,880 or they just kind of they keep it in the back of their mind 18 00:00:38,880 --> 00:00:41,880 is that appraisal is probably the make or break. 19 00:00:41,880 --> 00:00:45,360 It's the biggest piece of the whole process, 20 00:00:45,360 --> 00:00:46,960 especially in the purchase market, right? 21 00:00:46,960 --> 00:00:49,360 Yeah, for a lot of people, especially the refi. 22 00:00:49,360 --> 00:00:50,920 I mean. 23 00:00:50,920 --> 00:00:56,120 Which right now, I mean, those are not existing. 24 00:00:56,120 --> 00:00:57,800 But that's why you see, like you mentioned, 25 00:00:57,800 --> 00:00:59,360 that the big right now. 26 00:00:59,360 --> 00:01:00,800 Yeah, I mean, it's just. 27 00:01:00,800 --> 00:01:03,080 Well, if you like market, I feel like it's booming. 28 00:01:03,080 --> 00:01:04,920 We're in that part of the market right now. 29 00:01:04,920 --> 00:01:07,000 Where everything is up and down, up and down. 30 00:01:07,000 --> 00:01:08,240 We're in a down. 31 00:01:08,240 --> 00:01:09,280 We're down right now. 32 00:01:09,280 --> 00:01:11,160 But it'll be back around. 33 00:01:11,160 --> 00:01:12,000 No doubt. 34 00:01:12,000 --> 00:01:15,640 And I feel like we're in that natural downslide 35 00:01:15,640 --> 00:01:18,120 for the industry in general. 36 00:01:18,120 --> 00:01:22,920 For people who aren't aware, usually, historically, 37 00:01:22,920 --> 00:01:26,800 typically the craziest time in the appraisal business, 38 00:01:26,800 --> 00:01:30,040 especially is what from the months of maybe March 39 00:01:30,040 --> 00:01:31,000 starts to ramp up. 40 00:01:31,000 --> 00:01:32,360 April really gets going. 41 00:01:32,360 --> 00:01:34,240 May really gets rolling. 42 00:01:34,240 --> 00:01:37,000 And then summertime is nuts. 43 00:01:37,000 --> 00:01:38,600 And this is about the time school's 44 00:01:38,600 --> 00:01:40,320 starting up for everybody. 45 00:01:40,320 --> 00:01:42,000 So this is kind of the natural time 46 00:01:42,000 --> 00:01:45,000 when the purchase season kind of slows down a little bit. 47 00:01:45,000 --> 00:01:46,520 Which is crazy if you think about it. 48 00:01:46,520 --> 00:01:49,880 How much the purchase season coincides with nice weather, 49 00:01:49,880 --> 00:01:52,040 even though some parts of the country have nice weather 50 00:01:52,040 --> 00:01:52,600 year round. 51 00:01:52,600 --> 00:01:54,960 And then also kids go to school. 52 00:01:54,960 --> 00:01:57,480 So it's pretty rare, I would think, 53 00:01:57,480 --> 00:02:01,640 for a family with kids to put their house up for sale 54 00:02:01,640 --> 00:02:04,800 and move to a different school district, state, city, 55 00:02:04,800 --> 00:02:07,240 what have you, while their children are in school. 56 00:02:07,240 --> 00:02:08,840 Unless, obviously, there's situations 57 00:02:08,840 --> 00:02:11,120 where a new job happens, divorce. 58 00:02:11,120 --> 00:02:12,680 Hopefully not for anybody out there. 59 00:02:12,680 --> 00:02:14,640 But divorce happens and things like that. 60 00:02:14,640 --> 00:02:17,480 But it's not, hey, we've really been looking for a house 61 00:02:17,480 --> 00:02:18,040 and we're going to move. 62 00:02:18,040 --> 00:02:20,240 Although it does happen, but it's just not as common. 63 00:02:20,240 --> 00:02:23,280 People really go gung-ho for it during the warm months 64 00:02:23,280 --> 00:02:24,640 of the year. 65 00:02:24,640 --> 00:02:25,440 No, you're right. 66 00:02:25,440 --> 00:02:30,000 And around me in the DC area and Northern Virginia, 67 00:02:30,000 --> 00:02:31,920 a lot of people obviously work for the government. 68 00:02:31,920 --> 00:02:33,600 Or government contractors. 69 00:02:33,600 --> 00:02:36,640 So huge transient kind of area. 70 00:02:36,640 --> 00:02:39,440 So believe it or not, there's sections around me 71 00:02:39,440 --> 00:02:43,600 where, yes, late summer, midsummer, 72 00:02:43,600 --> 00:02:44,640 purchase market's slamming. 73 00:02:44,640 --> 00:02:47,440 Everybody wants to get to a certain school district. 74 00:02:47,440 --> 00:02:49,960 They want to make sure they're all settled in and ready to go. 75 00:02:49,960 --> 00:02:52,640 But it's not uncommon around here, anyways, 76 00:02:52,640 --> 00:02:56,480 that middle of school year, one of those parents 77 00:02:56,480 --> 00:03:00,920 that works for XYZ government company, 78 00:03:00,920 --> 00:03:06,880 they're getting re-stationed or repositioned into a new area. 79 00:03:06,880 --> 00:03:09,080 And they got to go to Europe. 80 00:03:09,080 --> 00:03:11,240 They got to go to the other side of the country. 81 00:03:11,240 --> 00:03:12,880 And it's rough. 82 00:03:12,880 --> 00:03:16,760 I've seen a lot of kids that are friends with my daughter 83 00:03:16,760 --> 00:03:21,840 that have had to leave one move to London, England. 84 00:03:21,840 --> 00:03:25,000 And it was a struggle. 85 00:03:25,000 --> 00:03:28,760 You think Nationwide's looking for some relocation in Europe? 86 00:03:28,760 --> 00:03:30,000 Hey, I was. 87 00:03:30,000 --> 00:03:30,520 Let's go. 88 00:03:30,520 --> 00:03:32,920 Let's tackle those European markets. 89 00:03:32,920 --> 00:03:35,480 We need a Puerto Rico office. 90 00:03:35,480 --> 00:03:38,600 You know, I went to Puerto Rico. 91 00:03:38,600 --> 00:03:39,880 I think it was February. 92 00:03:39,880 --> 00:03:41,240 I went to Puerto Rico. 93 00:03:41,240 --> 00:03:42,400 I love it, though. 94 00:03:42,400 --> 00:03:43,760 It's great. 95 00:03:43,760 --> 00:03:45,680 It was a pretty cool trip. 96 00:03:45,680 --> 00:03:48,840 I spent a lot of time over in the US Virgin Islands, 97 00:03:48,840 --> 00:03:50,480 but then wanted a little change of pace. 98 00:03:50,480 --> 00:03:54,080 So 60 miles, I think it is, from St. Thomas to Puerto Rico. 99 00:03:54,080 --> 00:03:56,080 It's like 60 or 70 miles. 100 00:03:56,080 --> 00:03:56,680 Excuse me. 101 00:03:56,680 --> 00:03:58,840 And it was a cool trip, man. 102 00:03:58,840 --> 00:04:02,000 We did San Juan and did pretty much that north side 103 00:04:02,000 --> 00:04:04,200 of the island, but got there and went straight 104 00:04:04,200 --> 00:04:05,400 to the rainforest. 105 00:04:05,400 --> 00:04:09,520 So you know that that is the one protected rainforest 106 00:04:09,520 --> 00:04:11,400 that is in the United States. 107 00:04:11,400 --> 00:04:13,560 Because if you think about it, on a continental United States, 108 00:04:13,560 --> 00:04:15,120 it's not a single rainforest. 109 00:04:15,120 --> 00:04:17,520 But Puerto Rico actually does have the rainforest. 110 00:04:17,520 --> 00:04:19,720 I'm going to butcher the name, I believe, 111 00:04:19,720 --> 00:04:21,760 because I did not take Spanish. 112 00:04:21,760 --> 00:04:23,760 It's like El Yonca, El Yonca. 113 00:04:23,760 --> 00:04:25,360 It's either El Yonca or El Yonca. 114 00:04:25,360 --> 00:04:26,920 But it was pretty cool. 115 00:04:26,920 --> 00:04:31,440 We stayed in the Airbnb right outside the rainforest. 116 00:04:31,440 --> 00:04:34,160 It's a national park, so they have a dedicated entrance. 117 00:04:34,160 --> 00:04:36,160 You can drive in, and there will be trails and stuff. 118 00:04:36,160 --> 00:04:36,720 You can walk. 119 00:04:36,720 --> 00:04:40,480 And then also, we did kind of the hardcore one, 120 00:04:40,480 --> 00:04:42,800 where you find this trailhead. 121 00:04:42,800 --> 00:04:44,120 And this is outside the park. 122 00:04:44,120 --> 00:04:47,160 You find the trailhead, park on the side of the road, 123 00:04:47,160 --> 00:04:48,280 and just start going. 124 00:04:48,280 --> 00:04:52,120 And it's about three miles up to the top. 125 00:04:52,120 --> 00:04:53,680 And it's called El Toro. 126 00:04:53,680 --> 00:04:56,000 I believe it's the highest peak in that rainforest, 127 00:04:56,000 --> 00:04:57,480 and the highest peak on San Juan. 128 00:04:57,480 --> 00:04:59,400 OK. 129 00:04:59,400 --> 00:05:01,000 So at the beginning of the trail, 130 00:05:01,000 --> 00:05:02,440 you're like, OK, a little bit of mud. 131 00:05:02,440 --> 00:05:03,480 This is bad. 132 00:05:03,480 --> 00:05:04,200 We could do this. 133 00:05:04,200 --> 00:05:04,840 Easy peasy. 134 00:05:04,840 --> 00:05:07,120 I got my walking stick, which I broke halfway up. 135 00:05:07,120 --> 00:05:08,840 I don't know. 136 00:05:08,840 --> 00:05:09,840 Yeah. 137 00:05:09,840 --> 00:05:10,960 Well, yeah, it was. 138 00:05:10,960 --> 00:05:13,440 Because shortly after that, it started getting muddier, 139 00:05:13,440 --> 00:05:14,320 muddier, and muddier. 140 00:05:14,320 --> 00:05:17,880 This trail is basically the washout from the top. 141 00:05:17,880 --> 00:05:18,400 OK. 142 00:05:18,400 --> 00:05:19,800 That's where you're walking up. 143 00:05:19,800 --> 00:05:22,000 And there are parts of this where you're knee deep in mud, 144 00:05:22,000 --> 00:05:23,040 and there's no escape. 145 00:05:23,040 --> 00:05:24,640 You have nowhere else to go. 146 00:05:24,640 --> 00:05:27,120 You could try your hardest to use the, 147 00:05:27,120 --> 00:05:28,840 because it's so overgrown. 148 00:05:28,840 --> 00:05:32,120 You're trying to hang on to fines and plants and stuff, 149 00:05:32,120 --> 00:05:34,160 and keeping your feet off the side, 150 00:05:34,160 --> 00:05:35,360 going around all the mud. 151 00:05:35,360 --> 00:05:36,000 No. 152 00:05:36,000 --> 00:05:37,160 You just got to embrace it. 153 00:05:37,160 --> 00:05:39,000 We got to the top decently clean. 154 00:05:39,000 --> 00:05:41,640 But then on the way back, we have three miles. 155 00:05:41,640 --> 00:05:43,600 That took, I forget how long it took to get up. 156 00:05:43,600 --> 00:05:44,840 It was like two and a half, three hours. 157 00:05:44,840 --> 00:05:46,160 Man, you just got a running start, 158 00:05:46,160 --> 00:05:47,760 and just slid straight down. 159 00:05:47,760 --> 00:05:49,320 I fell so many times. 160 00:05:49,320 --> 00:05:51,080 It was so much mud, just so much mud. 161 00:05:51,080 --> 00:05:52,400 You should have seen my shoes. 162 00:05:52,400 --> 00:05:54,480 We got back, and the place we were staying at 163 00:05:54,480 --> 00:05:56,080 had this little river going by. 164 00:05:56,080 --> 00:05:59,440 I was crouched down, cleaning out our shoes in a river 165 00:05:59,440 --> 00:06:01,320 for an hour, probably. 166 00:06:01,320 --> 00:06:02,720 Still, mud coming out. 167 00:06:02,720 --> 00:06:05,320 You would put your shoes back on, and your socks would brown. 168 00:06:05,320 --> 00:06:08,160 I'm willing to bet you're not the first person to do that. 169 00:06:08,160 --> 00:06:09,040 No, no. 170 00:06:09,040 --> 00:06:12,520 You probably didn't get very many weird looks. 171 00:06:12,520 --> 00:06:16,080 But anyways, San Juan was a good time, too. 172 00:06:16,080 --> 00:06:17,120 It was cool. 173 00:06:17,120 --> 00:06:18,120 That's our pitch. 174 00:06:18,120 --> 00:06:20,200 We should definitely pitch an office down there. 175 00:06:20,200 --> 00:06:22,840 Maybe we could do an episode from down there. 176 00:06:22,840 --> 00:06:24,400 Just saying. 177 00:06:24,400 --> 00:06:28,440 I like the background, the sea behind us, the Caribbean. 178 00:06:28,440 --> 00:06:31,640 I mean, then we're not using some stock background 179 00:06:31,640 --> 00:06:32,760 with a palm tree. 180 00:06:32,760 --> 00:06:33,920 We're actually there. 181 00:06:33,920 --> 00:06:36,520 We got my neighbor's house over here. 182 00:06:36,520 --> 00:06:38,040 With the solar panels? 183 00:06:38,040 --> 00:06:39,840 Oh, solar panels. 184 00:06:39,840 --> 00:06:41,480 Everybody thinks they're solar. 185 00:06:41,480 --> 00:06:42,920 They are not. 186 00:06:42,920 --> 00:06:46,880 It's actually, it's like a hot water heater type replacement. 187 00:06:46,880 --> 00:06:50,680 There are pipes running through all those. 188 00:06:50,680 --> 00:06:52,480 And it heats up the water that's in the pipes. 189 00:06:52,480 --> 00:06:54,000 Yeah, I thought it was solar forever, 190 00:06:54,000 --> 00:06:55,360 but you could see the pipes. 191 00:06:55,360 --> 00:06:55,880 It's not. 192 00:06:55,880 --> 00:07:01,000 Because solar panels would have been a nice segue to appraisal. 193 00:07:01,000 --> 00:07:01,920 Even that, though. 194 00:07:01,920 --> 00:07:03,400 I mean, it might be. 195 00:07:03,400 --> 00:07:04,480 It looks like what I saw. 196 00:07:04,480 --> 00:07:06,720 That adds a really good example to a point 197 00:07:06,720 --> 00:07:08,560 I could maybe bring up later. 198 00:07:08,560 --> 00:07:12,080 As far as, I got this done to my house. 199 00:07:12,080 --> 00:07:15,080 Why didn't the appraiser? 200 00:07:15,080 --> 00:07:17,480 These things cost $40,000. 201 00:07:17,480 --> 00:07:21,000 How come that isn't represented on my appraisal? 202 00:07:21,000 --> 00:07:24,760 Well, let's dive in on that, then. 203 00:07:24,760 --> 00:07:27,200 I think we can definitely start in that arena. 204 00:07:27,200 --> 00:07:28,920 Is that our first good segue right there? 205 00:07:28,920 --> 00:07:30,880 Look at that. 206 00:07:30,880 --> 00:07:33,680 It's just a natural flow. 207 00:07:33,680 --> 00:07:37,760 You talk enough, and things just start flowing correctly. 208 00:07:37,760 --> 00:07:43,320 So yeah, everybody, yes, you brought up a good point. 209 00:07:43,320 --> 00:07:45,280 Someone spends X amount of dollars 210 00:07:45,280 --> 00:07:48,800 to do an upgrade on their home, right? 211 00:07:48,800 --> 00:07:51,800 Whether it's interior, exterior, or something 212 00:07:51,800 --> 00:07:56,640 about solar panel, for instance, that's a big expense. 213 00:07:56,640 --> 00:07:59,160 Because when it comes to the whole computer, 214 00:07:59,160 --> 00:08:01,120 and the wiring, and everything they want to do. 215 00:08:01,120 --> 00:08:03,560 And that's a whole other can of worms, too. 216 00:08:03,560 --> 00:08:06,080 Just solar panels and solar. 217 00:08:06,080 --> 00:08:09,120 So that's almost like a specialty, 218 00:08:09,120 --> 00:08:12,080 if you will, for an appraiser to have. 219 00:08:12,080 --> 00:08:17,280 They have to understand green properties and such. 220 00:08:17,280 --> 00:08:20,360 That being said, everybody assumes 221 00:08:20,360 --> 00:08:25,160 that it's a dollar for dollar increase in value, right? 222 00:08:25,160 --> 00:08:27,280 When it comes to something like that. 223 00:08:27,280 --> 00:08:29,000 And with solar, too, you also have 224 00:08:29,000 --> 00:08:32,480 to think about the fact of lease versus own. 225 00:08:32,480 --> 00:08:34,360 That's another big factor. 226 00:08:34,360 --> 00:08:37,480 Because a ton of lease, a ton of solar 227 00:08:37,480 --> 00:08:40,120 is hooked up to where you're what, like a 15-year plan, 228 00:08:40,120 --> 00:08:41,360 20-year plan to pay it off. 229 00:08:41,360 --> 00:08:43,200 So technically, you're leasing it. 230 00:08:43,200 --> 00:08:44,640 So technically, you don't own it. 231 00:08:44,640 --> 00:08:46,720 So if you sell the house, next people don't want it. 232 00:08:46,720 --> 00:08:48,360 They come back and take their solar back. 233 00:08:48,360 --> 00:08:55,800 So it's the argument, can you even justify giving it value? 234 00:08:55,800 --> 00:08:58,040 It's part of the house whenever you don't own it, 235 00:08:58,040 --> 00:08:59,320 when it can be taken away. 236 00:08:59,320 --> 00:09:01,600 What if you stop paying on it? 237 00:09:01,600 --> 00:09:02,800 No, that's a good point. 238 00:09:02,800 --> 00:09:04,200 That is a good point. 239 00:09:04,200 --> 00:09:05,080 I'm curious. 240 00:09:05,080 --> 00:09:09,640 I really want to, we've talked about getting the Tesla 241 00:09:09,640 --> 00:09:12,360 tiles for the roof on the house. 242 00:09:12,360 --> 00:09:17,800 And because those things, it's not some giant solar panel. 243 00:09:17,800 --> 00:09:20,040 It looks like a regular roof tile. 244 00:09:20,040 --> 00:09:23,840 And you only need x% of your roof to be covered in them, 245 00:09:23,840 --> 00:09:28,520 which is great because they're also crazy expensive. 246 00:09:28,520 --> 00:09:33,560 And they limit areas, limit where 247 00:09:33,560 --> 00:09:35,680 they're allowed to be put in. 248 00:09:35,680 --> 00:09:38,000 HOAs get involved. 249 00:09:38,000 --> 00:09:41,560 And ultimately, yeah, you want to own it 250 00:09:41,560 --> 00:09:44,280 because you plan to stay there. 251 00:09:44,280 --> 00:09:46,120 But I think we've already mentioned, 252 00:09:46,120 --> 00:09:48,320 there's no guarantee you're going 253 00:09:48,320 --> 00:09:51,320 to be in that home for the rest of your time, 254 00:09:51,320 --> 00:09:52,880 the rest of your days. 255 00:09:52,880 --> 00:09:55,920 So those things all come into play when an appraiser goes out 256 00:09:55,920 --> 00:09:57,840 and they're doing their research and they're 257 00:09:57,840 --> 00:10:00,440 looking at your property versus others that may or may not 258 00:10:00,440 --> 00:10:04,320 have those little extras, those little add-ons. 259 00:10:04,320 --> 00:10:09,960 So I think that a good calvo to have would be, 260 00:10:09,960 --> 00:10:16,480 let's talk about how to get your home ready for an appraisal. 261 00:10:16,480 --> 00:10:20,880 I think that's when you talk about things that, 262 00:10:20,880 --> 00:10:23,960 misconceptions, things that people don't quite understand 263 00:10:23,960 --> 00:10:24,640 about the process. 264 00:10:24,640 --> 00:10:26,600 They understand some stranger is going to come around, 265 00:10:26,600 --> 00:10:29,640 take some pictures, and then he's out after 20 minutes. 266 00:10:29,640 --> 00:10:31,520 It's so funny talking about this. 267 00:10:31,520 --> 00:10:33,160 Yeah, like what to do. 268 00:10:33,160 --> 00:10:34,520 I've gone through the process. 269 00:10:34,520 --> 00:10:35,520 I've done a lot of the hard stuff. 270 00:10:35,520 --> 00:10:37,200 And now I get a call from an appraiser 271 00:10:37,200 --> 00:10:38,600 trying to schedule an inspection. 272 00:10:38,600 --> 00:10:39,960 What to do next? 273 00:10:39,960 --> 00:10:40,880 What does that mean? 274 00:10:40,880 --> 00:10:42,600 What do I expect? 275 00:10:42,600 --> 00:10:44,840 Respond is step number one. 276 00:10:44,840 --> 00:10:46,560 Yeah, yes, respond quickly. 277 00:10:46,560 --> 00:10:47,640 Text the guy back. 278 00:10:47,640 --> 00:10:51,320 Yeah, text him back, email him back, call him back. 279 00:10:51,320 --> 00:10:54,440 Because I'll tell you what, it is a little introduction 280 00:10:54,440 --> 00:10:59,080 to what we do because we are an appraisal management company. 281 00:10:59,080 --> 00:11:03,800 We are representing the appraiser to the lending company. 282 00:11:03,800 --> 00:11:06,240 We're representing the lending company to the appraiser. 283 00:11:06,240 --> 00:11:09,840 And we've already worked maybe for a day, two days, 284 00:11:09,840 --> 00:11:13,760 three days to get an appraiser to accept that assignment. 285 00:11:13,760 --> 00:11:16,280 Say, yes, I'm going to accept this file. 286 00:11:16,280 --> 00:11:18,120 I'm going to appraise this house. 287 00:11:18,120 --> 00:11:21,120 We've come to an agreement on a certain due date. 288 00:11:21,120 --> 00:11:23,440 So then when the appraiser reaches out to you, 289 00:11:23,440 --> 00:11:24,920 if you don't respond back to that appraiser 290 00:11:24,920 --> 00:11:27,480 for a couple of days, we're hearing from our clients 291 00:11:27,480 --> 00:11:28,320 who are the lenders saying, 292 00:11:28,320 --> 00:11:29,720 hey, why isn't this scheduled yet? 293 00:11:29,720 --> 00:11:32,080 We've had this order for a while. 294 00:11:32,080 --> 00:11:34,480 Realtors are probably involved asking the same question, 295 00:11:34,480 --> 00:11:37,360 bugging the lender who in turn is bugging us. 296 00:11:37,360 --> 00:11:38,600 So then we're bugging the appraiser 297 00:11:38,600 --> 00:11:39,440 and the appraiser is like, hey, man, 298 00:11:39,440 --> 00:11:40,360 I've already reached out. 299 00:11:40,360 --> 00:11:41,880 I've left two messages. 300 00:11:41,880 --> 00:11:43,480 Return their phone call. 301 00:11:43,480 --> 00:11:44,880 Return, that's all. 302 00:11:44,880 --> 00:11:46,040 That's all they're asking. 303 00:11:46,040 --> 00:11:48,680 Yes, I understand not answering a number 304 00:11:48,680 --> 00:11:49,520 that you don't know. 305 00:11:49,520 --> 00:11:51,200 I'm bad about that. 306 00:11:51,200 --> 00:11:52,040 Oh, yes. 307 00:11:52,040 --> 00:11:52,880 What's your thoughts? 308 00:11:52,880 --> 00:11:55,280 So your cell phone rings and it shows a number. 309 00:11:55,280 --> 00:11:57,240 And you know, like now it shows what city it's coming from 310 00:11:57,240 --> 00:11:58,080 for the most part. 311 00:11:58,080 --> 00:11:59,760 I almost got the city's nailed down 312 00:11:59,760 --> 00:12:01,960 on what spam comes from, but you know, 313 00:12:01,960 --> 00:12:04,040 but even if it's like Kansas City model 314 00:12:04,040 --> 00:12:06,600 and it's a number I don't know, I'm like, 315 00:12:06,600 --> 00:12:09,280 if it's important, they'll leave it with spam. 316 00:12:09,280 --> 00:12:11,520 Yeah, or they'll text you right after. 317 00:12:11,520 --> 00:12:12,520 Yeah. 318 00:12:12,520 --> 00:12:13,360 I'll be honest. 319 00:12:13,360 --> 00:12:17,200 I think there's been a shift in the, 320 00:12:17,200 --> 00:12:18,960 and it's probably just our generation 321 00:12:18,960 --> 00:12:23,560 screwing up everything, but like even my wife's same way. 322 00:12:23,560 --> 00:12:26,360 Phone rings, like if you call me, 323 00:12:26,360 --> 00:12:27,760 like I'm not talking to you on the phone. 324 00:12:27,760 --> 00:12:30,080 That's her thing. 325 00:12:30,080 --> 00:12:31,640 Obviously me and you being in sales, 326 00:12:31,640 --> 00:12:32,840 we have to talk on the phone. 327 00:12:32,840 --> 00:12:34,280 See, I don't mind that either though. 328 00:12:34,280 --> 00:12:35,600 I'm like that in my first life anyway. 329 00:12:35,600 --> 00:12:37,880 So like you can get so much more accomplished 330 00:12:37,880 --> 00:12:40,440 in a two minute phone call than you can in 10 minutes. 331 00:12:40,440 --> 00:12:41,760 Yeah, absolutely. 332 00:12:41,760 --> 00:12:44,160 But we always joke, we're like, if I actually call you, 333 00:12:44,160 --> 00:12:46,520 then something's very wrong. 334 00:12:46,520 --> 00:12:47,880 Like I'm in trouble. 335 00:12:47,880 --> 00:12:50,200 I need you to answer the phone. 336 00:12:50,200 --> 00:12:52,120 Charlie pick up now. 337 00:12:52,120 --> 00:12:53,920 The car's in a ditch. 338 00:12:53,920 --> 00:12:55,120 I hit another curb. 339 00:12:56,120 --> 00:12:57,120 I flipped my Jeep. 340 00:12:57,120 --> 00:12:57,960 It doesn't work. 341 00:12:57,960 --> 00:12:59,080 It's the seventh this month. 342 00:12:59,080 --> 00:13:00,720 What's with the curbs, I swear. 343 00:13:02,320 --> 00:13:05,520 35 inch tires didn't roll over the curb appropriately. 344 00:13:06,880 --> 00:13:08,080 We're getting off the rails. 345 00:13:08,080 --> 00:13:09,560 But I hear you. 346 00:13:10,800 --> 00:13:14,560 The texting, yeah, text, call a guy, email him. 347 00:13:14,560 --> 00:13:18,080 A lot of times you will get from our company, 348 00:13:18,080 --> 00:13:19,520 you will receive an email 349 00:13:20,760 --> 00:13:23,640 with all the appraisers information saying, 350 00:13:23,640 --> 00:13:27,920 hey, we are the AMC, we are. 351 00:13:28,840 --> 00:13:29,680 We do that? 352 00:13:29,680 --> 00:13:32,240 Yeah, customer service sends out an email. 353 00:13:32,240 --> 00:13:34,680 Is this after they accept it? 354 00:13:34,680 --> 00:13:37,280 Yes, after the appraiser accepts it, 355 00:13:37,280 --> 00:13:40,840 then our customer service sends out an email saying, 356 00:13:40,840 --> 00:13:42,800 we are the appraisal management company. 357 00:13:44,320 --> 00:13:45,960 Trying here, man. 358 00:13:45,960 --> 00:13:47,200 I tried covering up and everything. 359 00:13:47,200 --> 00:13:48,040 That's embarrassing. 360 00:13:48,040 --> 00:13:49,920 I tried to get it in one clear. 361 00:13:49,920 --> 00:13:51,320 You gotta get mute. 362 00:13:51,320 --> 00:13:53,040 I'm just, is there a mute? 363 00:13:53,040 --> 00:13:54,800 Yeah, it's on your screen. 364 00:13:56,160 --> 00:13:57,520 Wonder what this does. 365 00:13:57,520 --> 00:13:58,360 Let me see here. 366 00:13:59,840 --> 00:14:00,680 There you are. 367 00:14:00,680 --> 00:14:01,880 Can you hear me? 368 00:14:01,880 --> 00:14:02,720 Can you hear me? 369 00:14:02,720 --> 00:14:05,440 Gentlemen, this is Michael's first time on Zoom. 370 00:14:05,440 --> 00:14:06,280 Can you hear me now? 371 00:14:06,280 --> 00:14:07,520 Believe it or not, yes. 372 00:14:07,520 --> 00:14:08,360 So could you hear, 373 00:14:08,360 --> 00:14:10,560 you couldn't hear me when I turned the volume down on the mic? 374 00:14:10,560 --> 00:14:11,920 A little bit. 375 00:14:11,920 --> 00:14:12,760 What a, eh. 376 00:14:14,480 --> 00:14:16,240 Oh yeah, it actually does go out. 377 00:14:18,000 --> 00:14:19,040 All right, we can do this for hours. 378 00:14:19,040 --> 00:14:22,240 I'm like, it's a good chair, I'm gonna leave the door. 379 00:14:22,240 --> 00:14:24,760 This is double-panning soundproof glass. 380 00:14:27,960 --> 00:14:29,480 That's the classic. 381 00:14:29,480 --> 00:14:32,200 So, all right, let's give the people what they want. 382 00:14:32,200 --> 00:14:34,560 Let's give them, let's say. 383 00:14:34,560 --> 00:14:37,240 Back to business, all right, so you've probably got. 384 00:14:37,240 --> 00:14:38,640 You've spoken to the appraiser. 385 00:14:38,640 --> 00:14:39,480 Yep. 386 00:14:39,480 --> 00:14:41,040 Your schedule, you're in the book. 387 00:14:41,040 --> 00:14:42,080 The inspection's gonna happen. 388 00:14:42,080 --> 00:14:44,240 What do I need to do with my house next? 389 00:14:44,240 --> 00:14:46,200 All right, so I would say, 390 00:14:47,320 --> 00:14:49,120 first and foremost, you wanna, 391 00:14:49,120 --> 00:14:52,120 let's talk about cleaning up the place, inside and out. 392 00:14:52,120 --> 00:14:57,120 Now, I'm not saying like go out and spend thousands of dollars 393 00:14:57,200 --> 00:14:58,480 on the landscape or anything like that, 394 00:14:58,480 --> 00:15:03,480 but if you've got a half-fallen tree in your yard, 395 00:15:03,480 --> 00:15:05,560 you need a little curb appeal. 396 00:15:05,560 --> 00:15:07,400 Cause he's just gonna take pictures. 397 00:15:07,400 --> 00:15:09,000 Let's get that branch out of the way. 398 00:15:09,000 --> 00:15:13,000 I say we started off by beating one thing out there 399 00:15:13,000 --> 00:15:16,000 and pounding it through this whole segment 400 00:15:16,000 --> 00:15:17,800 is safety concern. 401 00:15:19,320 --> 00:15:21,600 I think that's the biggest thing is 402 00:15:21,600 --> 00:15:24,280 if anything looks like it could be a safety concern, 403 00:15:24,280 --> 00:15:26,040 fix it, get it cleaned up. 404 00:15:26,040 --> 00:15:29,760 And the way I try to explain the safety concern is, 405 00:15:30,840 --> 00:15:35,720 say a five-year-old managed to get away 406 00:15:35,720 --> 00:15:38,320 from their mom or dad, next door neighbor, right? 407 00:15:38,320 --> 00:15:40,080 Mom and dad are growing and not paying attention. 408 00:15:40,080 --> 00:15:42,600 Five-year-old wanders next door to your property 409 00:15:42,600 --> 00:15:44,440 and is just wandering around. 410 00:15:44,440 --> 00:15:46,840 And so picture them getting close to anything 411 00:15:46,840 --> 00:15:48,840 that you think might be concerning. 412 00:15:48,840 --> 00:15:51,080 Is a five-year-old, is there a possibility 413 00:15:51,080 --> 00:15:53,440 of them finding a way to hurt themselves on that? 414 00:15:53,440 --> 00:15:55,400 Your example, a fallen branch. 415 00:15:56,320 --> 00:15:57,960 Five-year-olds gonna see that like, 416 00:15:57,960 --> 00:16:00,760 ooh, ladder to the tree. 417 00:16:00,760 --> 00:16:01,600 Let me climb this. 418 00:16:01,600 --> 00:16:02,920 Yeah, let me climb this all of a sudden. 419 00:16:02,920 --> 00:16:04,000 It's a broken branch. 420 00:16:04,000 --> 00:16:06,520 The weight of that body gets up on that branch. 421 00:16:06,520 --> 00:16:10,520 Boom, branch falls, child falls, injury, safety concern. 422 00:16:10,520 --> 00:16:11,720 Safety concern, that's a good note. 423 00:16:11,720 --> 00:16:12,680 It's a great point. 424 00:16:14,280 --> 00:16:15,560 If you're like most people, 425 00:16:15,560 --> 00:16:19,640 you have your little schedule for cutting the grass 426 00:16:19,640 --> 00:16:21,040 and all those things. 427 00:16:22,680 --> 00:16:25,280 Sure, safety concern when it comes to exterior stuff. 428 00:16:27,200 --> 00:16:29,840 On the same note of cleaning, 429 00:16:29,840 --> 00:16:32,360 let's talk about the interior. 430 00:16:32,360 --> 00:16:36,120 Again, not saying, hey, go out and pay a maid 431 00:16:36,120 --> 00:16:37,560 to come clean details. 432 00:16:37,560 --> 00:16:38,760 No, nothing like that. 433 00:16:38,760 --> 00:16:42,240 No, there's no getting up on a 12-foot ladder 434 00:16:42,240 --> 00:16:43,920 to dust the shade over here. 435 00:16:43,920 --> 00:16:45,080 No, let's not do that. 436 00:16:45,080 --> 00:16:47,800 Just clean the place up. 437 00:16:47,800 --> 00:16:49,760 You don't want large messes. 438 00:16:52,880 --> 00:16:56,200 If you got animals, you don't want a ton of, 439 00:16:56,200 --> 00:16:57,880 if your animals have accidents in the house, 440 00:16:57,880 --> 00:17:00,160 you don't want any evidence of that around. 441 00:17:00,160 --> 00:17:01,080 Right, right. 442 00:17:02,200 --> 00:17:04,000 Piles of dirt in mud rooms. 443 00:17:04,000 --> 00:17:05,120 Piles of dirt, yeah. 444 00:17:05,120 --> 00:17:06,440 Food piled up on the counter. 445 00:17:06,440 --> 00:17:07,760 Typical things. 446 00:17:07,760 --> 00:17:11,320 Food stuck to the cabinets, things like that. 447 00:17:12,520 --> 00:17:15,680 Because one of the big overall things 448 00:17:15,680 --> 00:17:17,400 the appraiser's gonna be looking at 449 00:17:17,400 --> 00:17:19,240 is quality and condition. 450 00:17:19,240 --> 00:17:21,440 Quality is how the house is built. 451 00:17:21,440 --> 00:17:23,640 So cleaning it up isn't gonna affect that, 452 00:17:23,640 --> 00:17:24,560 the condition. 453 00:17:24,560 --> 00:17:27,680 They're looking at the overall condition of the property. 454 00:17:27,680 --> 00:17:29,600 And so it's gonna be a cumulative type thing. 455 00:17:29,600 --> 00:17:30,960 Guess on one part of the appraisal, 456 00:17:30,960 --> 00:17:33,880 they are gonna rate the condition of different materials, 457 00:17:33,880 --> 00:17:35,680 different sections of the house, the walls, 458 00:17:35,680 --> 00:17:37,080 the floors, the roof. 459 00:17:38,120 --> 00:17:41,880 But overall, your house is going to get an overall rating 460 00:17:41,880 --> 00:17:43,520 of what the condition of the home is. 461 00:17:43,520 --> 00:17:48,520 And so more C1 through C6. 462 00:17:49,360 --> 00:17:51,920 I've only seen one sixth, 463 00:17:51,920 --> 00:17:53,440 about one being the best, 464 00:17:53,440 --> 00:17:54,880 one being brand new construction. 465 00:17:54,880 --> 00:17:58,480 Yeah, C1 is gonna be brand new construction, 466 00:17:58,480 --> 00:17:59,320 never lived in. 467 00:17:59,320 --> 00:18:01,600 Usually after that first tenant, 468 00:18:01,600 --> 00:18:03,080 it goes down to a C2 right away. 469 00:18:03,080 --> 00:18:04,240 C1, yep. 470 00:18:04,240 --> 00:18:06,280 After the first year, six months, 471 00:18:06,280 --> 00:18:07,880 it's considered a C2 property. 472 00:18:07,880 --> 00:18:10,680 So if you fully update your home, top to bottom, 473 00:18:10,680 --> 00:18:12,520 it's gonna be C2, 474 00:18:12,520 --> 00:18:14,920 just because it's not a completely rebuilt home. 475 00:18:14,920 --> 00:18:19,640 But that's a top two to three window. 476 00:18:19,640 --> 00:18:21,440 Yeah, or three to four. 477 00:18:21,440 --> 00:18:22,880 Or four, I mean, I think, yeah. 478 00:18:22,880 --> 00:18:23,720 Four is good. 479 00:18:23,720 --> 00:18:26,200 So if you see C5 on your appraisal, C6, 480 00:18:26,200 --> 00:18:27,760 for a condition rating overall, 481 00:18:27,760 --> 00:18:30,520 it is not a lindable property. 482 00:18:30,520 --> 00:18:32,440 The loan is not going to get sold, 483 00:18:33,320 --> 00:18:36,000 and repairs are going to need to be made 484 00:18:36,000 --> 00:18:38,000 to make that purchase or rebuy happen. 485 00:18:38,000 --> 00:18:41,640 Unless it is an as-is appraisal for renovation month, 486 00:18:41,640 --> 00:18:43,400 then that's a different story. 487 00:18:43,400 --> 00:18:44,880 That's a whole different ballgame. 488 00:18:44,880 --> 00:18:47,240 Yeah, but why does he love to get us on some tangents? 489 00:18:47,240 --> 00:18:49,120 Let's get back to business. 490 00:18:49,120 --> 00:18:50,960 But you're right though, 491 00:18:50,960 --> 00:18:53,000 there are multiple kinds of appraisals. 492 00:18:53,000 --> 00:18:57,760 And now, when you're talking about a gut-rental job 493 00:18:57,760 --> 00:19:00,320 for a two-value kind of report, sure. 494 00:19:00,320 --> 00:19:02,360 I mean, these things are gonna have, 495 00:19:02,360 --> 00:19:03,600 you're gonna see a five or six. 496 00:19:03,600 --> 00:19:05,600 Yeah, if you're buying a fixed-rump property, 497 00:19:05,600 --> 00:19:07,080 you're gonna wanna know what that is. 498 00:19:07,080 --> 00:19:09,840 Well, any company needs to know what the value of it is now, 499 00:19:09,840 --> 00:19:12,440 and then what it's projected to be once everything's done. 500 00:19:12,440 --> 00:19:15,080 But anyways, yeah, so you're gonna clean up your house. 501 00:19:15,080 --> 00:19:17,600 Get the food that's stuck off the cabinets, 502 00:19:17,600 --> 00:19:20,400 if that's happened, you've got kids and stuff. 503 00:19:20,400 --> 00:19:22,440 You don't have to shine everything. 504 00:19:22,440 --> 00:19:24,920 You don't have to go all out. 505 00:19:24,920 --> 00:19:25,960 You have a little wipe down. 506 00:19:25,960 --> 00:19:28,000 Pick it up, clean it up. 507 00:19:28,000 --> 00:19:30,040 I think that rolls into the next thing 508 00:19:30,040 --> 00:19:32,120 where I think you kinda wanna stage your home, 509 00:19:32,120 --> 00:19:34,360 but you're not staging it like you wanna sell it, 510 00:19:34,360 --> 00:19:36,320 but declutter your home. 511 00:19:36,320 --> 00:19:37,160 Exactly. 512 00:19:37,160 --> 00:19:39,960 So the appraiser can see the walls. 513 00:19:39,960 --> 00:19:41,120 The appraiser can see the floors. 514 00:19:41,120 --> 00:19:44,160 The appraiser can get in and out of rooms easily, 515 00:19:44,160 --> 00:19:45,960 into open closets. 516 00:19:47,080 --> 00:19:51,000 And if it's FHA, that's a big piece. 517 00:19:51,000 --> 00:19:53,600 These guys need to have access to the attic, 518 00:19:53,600 --> 00:19:55,560 crawl spaces, everything. 519 00:19:55,560 --> 00:19:56,560 And I know a lot of houses- 520 00:19:56,560 --> 00:19:58,680 You need to get that stuff out of the way. 521 00:19:58,680 --> 00:19:59,800 I know at least in my area, 522 00:19:59,800 --> 00:20:02,440 a lot of the homes that were built in the 90s, 2000 range, 523 00:20:02,440 --> 00:20:04,640 which is a large majority of the houses, 524 00:20:04,640 --> 00:20:08,360 a lot of the access to the attic is a scuttle in the closet. 525 00:20:08,360 --> 00:20:10,040 And a lot of times it's like a scuttle in the closet 526 00:20:10,040 --> 00:20:12,160 in the master bedroom. 527 00:20:12,160 --> 00:20:14,520 So you have to make sure that your closet 528 00:20:14,520 --> 00:20:16,200 is cleared out enough 529 00:20:16,200 --> 00:20:17,680 to where the appraiser can get up there. 530 00:20:17,680 --> 00:20:20,840 And if the appraisers typically have a step stool, 531 00:20:22,040 --> 00:20:23,520 maybe three feet, 532 00:20:23,520 --> 00:20:24,520 because not every appraiser 533 00:20:24,520 --> 00:20:25,520 is gonna be driving a truck around. 534 00:20:25,520 --> 00:20:28,120 So I think about all that they will have 535 00:20:28,120 --> 00:20:30,400 is a two to three step step stool with them. 536 00:20:30,400 --> 00:20:32,760 So if you know that your ceilings are tall in the closet, 537 00:20:32,760 --> 00:20:34,760 be prepared and hopefully you got a ladder. 538 00:20:34,760 --> 00:20:36,000 So they can pop their head up there. 539 00:20:36,000 --> 00:20:36,840 They don't need to climb up in there, 540 00:20:36,840 --> 00:20:39,000 but they need to pop their head in the attic, 541 00:20:39,000 --> 00:20:40,760 take a peek around, take a picture in there 542 00:20:40,760 --> 00:20:43,160 and make sure there's no leaks or anything, 543 00:20:43,160 --> 00:20:44,520 water visible. 544 00:20:45,720 --> 00:20:46,560 Anything like that. 545 00:20:46,560 --> 00:20:47,520 Random records or something like that. 546 00:20:47,520 --> 00:20:49,320 But that is just if you're doing a government loan. 547 00:20:49,320 --> 00:20:51,040 So FHA USDA. 548 00:20:51,040 --> 00:20:51,880 Right. 549 00:20:52,960 --> 00:20:54,120 Great point. 550 00:20:54,120 --> 00:20:56,760 But just declutter the home, declutter. 551 00:20:56,760 --> 00:20:59,080 Declutter, yeah, as much as possible. 552 00:20:59,080 --> 00:21:00,240 Throw some stuff in the closet. 553 00:21:00,240 --> 00:21:01,560 Just get it off the way. 554 00:21:01,560 --> 00:21:03,080 Not the closet with the attic. 555 00:21:03,080 --> 00:21:05,160 Not the closet with the attic, but no. 556 00:21:05,160 --> 00:21:06,000 Not that one. 557 00:21:06,000 --> 00:21:07,680 So you alluded to it earlier. 558 00:21:07,680 --> 00:21:09,600 If it's broken, fix it. 559 00:21:09,600 --> 00:21:12,880 You know, like a wall plate, simple things like that. 560 00:21:13,960 --> 00:21:15,520 Light bulbs. 561 00:21:15,520 --> 00:21:17,240 That's another point. 562 00:21:17,240 --> 00:21:20,040 Open the, when you talk about staging a house, 563 00:21:20,040 --> 00:21:22,360 open the blinds up, make it look inviting. 564 00:21:22,360 --> 00:21:23,200 Throw some light though. 565 00:21:23,200 --> 00:21:25,240 Oh my gosh, I just thought of something. 566 00:21:25,240 --> 00:21:26,080 What? 567 00:21:26,080 --> 00:21:30,480 I am your typical American borrower right now. 568 00:21:30,480 --> 00:21:32,400 I am with all of you. 569 00:21:32,400 --> 00:21:33,400 I have a confession to make. 570 00:21:33,400 --> 00:21:36,200 I have an appraiser who's going to become my house. 571 00:21:36,200 --> 00:21:37,480 What, right now? 572 00:21:37,480 --> 00:21:41,120 No, actually, yeah, this is gonna be a live, no. 573 00:21:41,120 --> 00:21:43,480 But no, I did, I actually talked about HELOCs. 574 00:21:43,480 --> 00:21:44,760 I am going through the process right now. 575 00:21:44,760 --> 00:21:46,200 I'm getting HELOC right now. 576 00:21:46,200 --> 00:21:47,600 My exterior needs painting. 577 00:21:47,600 --> 00:21:48,760 I need to get a new deck. 578 00:21:48,760 --> 00:21:50,280 I need to do some things. 579 00:21:50,280 --> 00:21:52,840 Some deferred maintenance, as we would say. 580 00:21:52,840 --> 00:21:54,280 Deferred maintenance. 581 00:21:54,280 --> 00:21:57,040 But I just realized something, man. 582 00:21:58,480 --> 00:22:00,280 I have two major concerns. 583 00:22:00,280 --> 00:22:03,440 So this is gonna paint the picture of what we're talking about. 584 00:22:03,440 --> 00:22:05,160 So my house is, I keep my house pretty clean. 585 00:22:05,160 --> 00:22:06,000 I'm kind of a neat freak. 586 00:22:06,000 --> 00:22:08,080 As you can see behind me, it doesn't look too bad. 587 00:22:08,080 --> 00:22:08,920 It's clear, you can see. 588 00:22:08,920 --> 00:22:12,840 But I last, I think it was last summer 589 00:22:12,840 --> 00:22:14,760 I still had to fix this stuff. 590 00:22:14,760 --> 00:22:16,280 The spicky, so what you call it, you know, 591 00:22:16,280 --> 00:22:18,040 back in the hose. 592 00:22:18,040 --> 00:22:19,880 It was leaking pretty bad out the front 593 00:22:19,880 --> 00:22:20,960 and I was just annoyed with it. 594 00:22:20,960 --> 00:22:22,040 So I went to replace it. 595 00:22:22,040 --> 00:22:24,480 So I got a new one, shut the water off. 596 00:22:24,480 --> 00:22:28,280 I try to twist it off and the pipe breaks 597 00:22:28,280 --> 00:22:30,440 on the inside of the wall. 598 00:22:31,960 --> 00:22:34,200 Because it was on too tight, you know, so forth. 599 00:22:34,200 --> 00:22:35,720 So I'm like, you've got to be kidding me. 600 00:22:35,720 --> 00:22:38,640 So me not being smart and really thinking about the location, 601 00:22:38,640 --> 00:22:41,200 I instantly was like, okay, so I go inside my house. 602 00:22:41,200 --> 00:22:43,640 I was like, okay, so it's gotta be, that's where it is. 603 00:22:43,640 --> 00:22:44,920 It's gotta be here above this. 604 00:22:44,920 --> 00:22:47,720 And so I'm in my downstairs shower. 605 00:22:47,720 --> 00:22:49,680 I cut a hole in the ceiling and I look up 606 00:22:49,680 --> 00:22:50,920 and there's nothing there. 607 00:22:50,920 --> 00:22:54,080 I'm like, oh no, what did I do? 608 00:22:54,080 --> 00:22:55,680 And so I'm like, no, it's gotta be over here. 609 00:22:55,680 --> 00:22:56,520 It's gotta be over here. 610 00:22:56,520 --> 00:22:57,760 So I go to the other side of that wall, 611 00:22:57,760 --> 00:22:59,440 which is my garage, same thing, 612 00:22:59,440 --> 00:23:01,600 cut a hole in the top of the ceiling, 613 00:23:01,600 --> 00:23:04,600 look up there and I'm like, what am I doing? 614 00:23:04,600 --> 00:23:06,640 And then it like clicks. 615 00:23:06,640 --> 00:23:09,880 In my downstairs bedroom, that's like by that bathroom 616 00:23:09,880 --> 00:23:11,240 I initially cut it down, I was like, 617 00:23:11,240 --> 00:23:13,640 there's a window right there, egress. 618 00:23:13,640 --> 00:23:15,080 Like it's not gonna be in the ceiling, 619 00:23:15,080 --> 00:23:16,560 it's gonna be in the wall. 620 00:23:16,560 --> 00:23:17,800 Like what am I thinking? 621 00:23:17,800 --> 00:23:21,080 So I go back to the garage and I do find it. 622 00:23:21,080 --> 00:23:23,040 Cut a hole in the side of the wall in the garage 623 00:23:23,040 --> 00:23:24,480 and the drywall, boom, there it is. 624 00:23:24,480 --> 00:23:27,480 So I got to fix, you know, those snake bites are amazing. 625 00:23:27,480 --> 00:23:28,840 I don't know if you've heard any plumbing work. 626 00:23:28,840 --> 00:23:30,680 Oh yeah, I've used those myself. 627 00:23:30,680 --> 00:23:32,760 Four, a similar problem. 628 00:23:32,760 --> 00:23:35,080 Incredible, snake bites are such a good benches. 629 00:23:35,080 --> 00:23:39,040 But I got all done, but I have not. 630 00:23:39,040 --> 00:23:40,360 How many holes you got left? 631 00:23:40,360 --> 00:23:43,160 I have not repaired one of those four holes I've cut. 632 00:23:43,160 --> 00:23:44,000 Oh my God. 633 00:23:45,800 --> 00:23:47,800 So this is gonna be a good example though. 634 00:23:49,280 --> 00:23:52,640 The appraiser is not going to consider that a safety issue. 635 00:23:52,640 --> 00:23:55,760 I may get some questions on the one above the shower 636 00:23:55,760 --> 00:23:56,600 in the basement. 637 00:23:56,600 --> 00:23:59,720 So now this is a, I don't know if the owners before me 638 00:23:59,720 --> 00:24:01,000 added this on or not. 639 00:24:01,000 --> 00:24:02,680 I think maybe it came with the house original, 640 00:24:02,680 --> 00:24:05,840 but the ventilation in that bathroom is not top notch. 641 00:24:05,840 --> 00:24:07,600 There's the, you know, it's got the fart fan in there, 642 00:24:07,600 --> 00:24:09,280 but whenever you shower, 643 00:24:09,280 --> 00:24:12,840 so the ceiling where that hole is kind of has a yellowish 644 00:24:12,840 --> 00:24:15,520 tint to it from all the steam and the water vapor's 645 00:24:15,520 --> 00:24:17,320 not having anywhere to go. 646 00:24:17,320 --> 00:24:19,840 And so now there's a square hole right in the middle of that. 647 00:24:19,840 --> 00:24:22,240 So I may get the question, you know, was there a leak here? 648 00:24:22,240 --> 00:24:23,800 Was there something going on here? 649 00:24:23,800 --> 00:24:25,160 Why is there a hole there? 650 00:24:25,160 --> 00:24:27,200 I'm gonna have to explain the whole embarrassing story. 651 00:24:27,200 --> 00:24:28,480 I just did. 652 00:24:28,480 --> 00:24:31,640 And hopefully that suffices without the appraiser saying 653 00:24:31,640 --> 00:24:34,680 home inspector needs to come out to confirm 654 00:24:34,680 --> 00:24:37,240 that there is no water leak, no current water leak. 655 00:24:37,240 --> 00:24:38,720 Everything's been resolved. 656 00:24:38,720 --> 00:24:40,640 You better get that sucker closed up. 657 00:24:40,640 --> 00:24:43,160 So yeah, it's a cosmetic issue, 658 00:24:43,160 --> 00:24:46,800 but for the purposes of an appraisal to protect the lender, 659 00:24:46,800 --> 00:24:49,800 they might want to know if there is an actual concern 660 00:24:49,800 --> 00:24:52,160 for the home, seeing that I got those holes. 661 00:24:52,160 --> 00:24:54,040 So that is a pretty solid example. 662 00:24:54,040 --> 00:24:56,160 And the other thing I really got to do is some of my 663 00:24:56,160 --> 00:24:57,440 smoke detectors died. 664 00:24:57,440 --> 00:25:00,760 Oh, come on guy. 665 00:25:00,760 --> 00:25:02,400 Nine volt batteries. 666 00:25:02,400 --> 00:25:05,240 But no, they're old crappy yellow smoke detectors. 667 00:25:05,240 --> 00:25:07,600 So like I need to replace the smoke detectors themselves. 668 00:25:07,600 --> 00:25:08,880 But have you ever tried doing that? 669 00:25:08,880 --> 00:25:10,680 Cause then you got to match up the bracket 670 00:25:10,680 --> 00:25:12,080 that's already on the ceiling. 671 00:25:12,080 --> 00:25:12,920 Oh yeah. 672 00:25:12,920 --> 00:25:14,240 And you got to know which one to buy. 673 00:25:14,240 --> 00:25:16,200 And it's like, sometimes they don't fit on the bracket 674 00:25:16,200 --> 00:25:17,040 that's already there. 675 00:25:17,040 --> 00:25:18,160 It's the hard ones. 676 00:25:18,160 --> 00:25:21,120 So like, yes, that's a, I mean, that's a nuisance for sure. 677 00:25:21,120 --> 00:25:22,720 But the really hard ones are when they're actually 678 00:25:22,720 --> 00:25:25,480 all wired together into that, in the house. 679 00:25:25,480 --> 00:25:26,440 So like why? 680 00:25:26,440 --> 00:25:27,640 That's the way these are. 681 00:25:27,640 --> 00:25:28,560 Oh are they? 682 00:25:28,560 --> 00:25:29,400 Yeah. 683 00:25:29,400 --> 00:25:30,600 So one goes off, another one goes off. 684 00:25:30,600 --> 00:25:31,720 They all started going off. 685 00:25:31,720 --> 00:25:33,400 Yeah, the whole house went up. 686 00:25:33,400 --> 00:25:34,320 Those are the worst. 687 00:25:34,320 --> 00:25:35,160 Yeah. 688 00:25:35,160 --> 00:25:37,440 And it's like, that's why they put this off. 689 00:25:37,440 --> 00:25:39,760 But I just, I might pop them back out. 690 00:25:39,760 --> 00:25:41,080 Just for the, why do you, 691 00:25:41,080 --> 00:25:42,400 no, no, I can't say that on this. 692 00:25:42,400 --> 00:25:43,240 Can I say it on this? 693 00:25:43,240 --> 00:25:44,080 You can't help. 694 00:25:44,080 --> 00:25:45,080 You've got to fix it. 695 00:25:45,080 --> 00:25:47,000 This is not like how to get around 696 00:25:47,000 --> 00:25:49,080 the appraisal process. 697 00:25:50,240 --> 00:25:51,520 Let's move on from it. 698 00:25:51,520 --> 00:25:52,920 We'll get outside the box. 699 00:25:52,920 --> 00:25:53,880 Fix it. 700 00:25:53,880 --> 00:25:55,320 If it's broken, just fix it. 701 00:25:55,320 --> 00:25:56,160 Little stuff. 702 00:25:56,160 --> 00:25:57,240 Do you see the stuff I'm doing here? 703 00:25:57,240 --> 00:25:59,240 See, it's not big stuff, but it's stuff you've got 704 00:25:59,240 --> 00:26:00,080 to think about. 705 00:26:00,080 --> 00:26:01,440 Cause you do need your smoke detectors. 706 00:26:01,440 --> 00:26:02,280 That's the reason I want to bring that up. 707 00:26:02,280 --> 00:26:04,920 You need your smoke detectors in the house. 708 00:26:04,920 --> 00:26:08,640 If you, not all states requirement, require it, 709 00:26:08,640 --> 00:26:12,440 but get a covered monoxide detector in your house, 710 00:26:12,440 --> 00:26:14,720 regardless if it's required or not by your state. 711 00:26:14,720 --> 00:26:17,120 Like it's, I have one in my hallway, you know, 712 00:26:17,120 --> 00:26:18,920 right by the bedroom doors. 713 00:26:18,920 --> 00:26:20,680 There's a plug, you know, in the hallway. 714 00:26:20,680 --> 00:26:22,720 I got one of those plug-in ones that has a battery backup. 715 00:26:22,720 --> 00:26:23,560 Boom, done. 716 00:26:23,560 --> 00:26:26,520 I mean, it's something you should have anyways. 717 00:26:26,520 --> 00:26:28,440 You don't want to go to sleep and not wake up 718 00:26:28,440 --> 00:26:30,400 because your furnace is leaking 719 00:26:30,400 --> 00:26:31,920 or something's going on in the garage 720 00:26:31,920 --> 00:26:33,120 and all of a sudden you don't wake up 721 00:26:33,120 --> 00:26:34,280 because it covered the monoxide. 722 00:26:34,280 --> 00:26:35,440 Right. 723 00:26:35,440 --> 00:26:36,520 They're like 20 bucks. 724 00:26:36,520 --> 00:26:37,360 Get one. 725 00:26:37,360 --> 00:26:38,180 Get one. 726 00:26:39,680 --> 00:26:42,200 All right, so we kind of touched on, you know, 727 00:26:42,200 --> 00:26:43,840 getting in and out of rooms, right? 728 00:26:43,840 --> 00:26:46,280 Easy access to rooms and closets and stuff. 729 00:26:46,280 --> 00:26:47,800 That goes with decluttering. 730 00:26:47,800 --> 00:26:49,440 Don't have any locked doors. 731 00:26:49,440 --> 00:26:52,040 Make sure anybody in the house is aware 732 00:26:52,040 --> 00:26:53,360 that an appraiser will be coming 733 00:26:53,360 --> 00:26:56,880 and needs to photograph and go into all bedrooms 734 00:26:56,880 --> 00:26:57,720 and bathrooms. 735 00:26:57,720 --> 00:26:59,720 Yeah, you landlords out there and investors. 736 00:26:59,720 --> 00:27:00,600 Yes. 737 00:27:00,600 --> 00:27:03,640 You guys have some real problems with, 738 00:27:03,640 --> 00:27:04,560 I'm a landlord as well. 739 00:27:04,560 --> 00:27:07,840 I have rental property and it's tough 740 00:27:07,840 --> 00:27:09,720 to coordinate with a tenant. 741 00:27:10,640 --> 00:27:12,200 But yeah, they got to see all the rooms 742 00:27:12,200 --> 00:27:13,040 or else they're going to go back, 743 00:27:13,040 --> 00:27:16,040 have to go back out and they're going to charge trippy. 744 00:27:16,040 --> 00:27:18,600 150 bucks right off the gate. 745 00:27:18,600 --> 00:27:21,560 So speaking of, well, speaking of making things easy 746 00:27:21,560 --> 00:27:23,280 for the appraiser and getting out of the way, 747 00:27:23,280 --> 00:27:26,160 we are going to get out of your way for the day. 748 00:27:26,160 --> 00:27:27,120 It was a pleasure. 749 00:27:27,120 --> 00:27:29,040 Hopefully we shed some light on some topics 750 00:27:29,040 --> 00:27:30,680 that you hadn't heard of 751 00:27:30,680 --> 00:27:33,000 and you got to learn a little bit from us. 752 00:27:33,000 --> 00:27:33,960 Charlie? 753 00:27:33,960 --> 00:27:34,800 Yeah, absolutely. 754 00:27:34,800 --> 00:27:38,200 I hope you guys liked what we had to offer for today. 755 00:27:38,200 --> 00:27:39,400 Make sure to go like and follow us 756 00:27:39,400 --> 00:27:40,800 on all social media platforms. 757 00:27:40,800 --> 00:27:42,160 We got it all. 758 00:27:42,160 --> 00:27:45,000 Facebook, IG, LinkedIn, TikTok and Twitter. 759 00:27:45,000 --> 00:27:48,800 Like and subscribe for us here on YouTube. 760 00:27:48,800 --> 00:27:50,560 Click that little bell icon. 761 00:27:50,560 --> 00:27:51,680 You get the notifications 762 00:27:51,680 --> 00:27:53,600 when you can see our beautiful faces again. 763 00:27:53,600 --> 00:27:55,120 We're everywhere. 764 00:27:55,120 --> 00:27:58,000 Always want to give a shout out to Jordan, 765 00:27:58,000 --> 00:28:01,200 our fantastic, fantastic producer. 766 00:28:01,200 --> 00:28:03,800 She has to sit here and listen to us ramble. 767 00:28:03,800 --> 00:28:06,280 Like, do you realize how much time we actually ramble 768 00:28:06,280 --> 00:28:08,600 and then how much this gets condensed down to? 769 00:28:08,600 --> 00:28:09,840 We kill a lot of her day. 770 00:28:09,840 --> 00:28:10,680 I guarantee it. 771 00:28:11,560 --> 00:28:13,960 Jordan's a saint for this, an absolute saint. 772 00:28:13,960 --> 00:28:14,800 Right on. 773 00:28:14,800 --> 00:28:19,320 This is We Are Value Nation presented by Nationwide AMC. 774 00:28:19,320 --> 00:28:20,160 Thank you. 775 00:28:20,160 --> 00:28:21,000 Nationwide. 776 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