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So USAA sent out a real estate appraiser to actually take a look at the house on Monday. I finally received a copy of the report from him and his estimate is that my house is only worth $380,000 which is outright ludicrous. Yes he gets the square footage nearly right but he uses as comps houses that are 400 – 600 sq. ft. smaller than mine and whose property sizes are also half of mine. He gets the room count incorrect — this idiot says that I’ve got a 4 bedroom house when I have a 5 bedroom house but at least he’s got the number of bathrooms right — 3 rather than the 2 that the other moronic appraiser said. This is absolute bullshit…I know of a house that sold just 3 weeks ago that has about 800 sq. ft. less than I do that sold for $450,000. On top of that I have a friend who had his house (the same as the one that just sold 3 weeks ago) appraised last October (during the whole financial meltdown) for also around $450,000. I also know of a house that is around the corner which is also smaller than mine which, as I understand it is under contract for $425,000 — and it’s not in as good a condition as mine and hasn’t been upgraded as I’ve done with mine.

In essence this appraiser, like the other one, is just plain wrong. I’ve had a real estate agent (who built her career on houses in this area) who says that my house is definitely worth more and, depending on the condition, may well be worth closer to my estimate of $550,000 (as determined from This is absolute bullshit. Looks like USAA may have just lost all of my business.

March 2020

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