Walter W. Thom
License No: A.0003567-RES
E&O Insurance and Policy Number: Z FREA A 05-6276
Years of Profession Experience: 11
I became an appraiser because I had learned that there is always the need for an appraiser which equates to job security. Whether the market is booming as in the past of steadily declined as we are witnessing in today’s market, an appraiser has always been relied upon.
1998-90 hours of appraiser licensing through The Lincoln Graduate Center including basic appraisal principles, basic appraisal procedures, market analysis and highest and best use, residential report writing, residential sales comparison and income approaches. Residential site value and cost approach.
Over 150 hours of continuing education hours including national USPAP update developing the cost approach, developing the income approach, construction trends, appraising FHA today, manufactured housing, multi-family properties, appraisal report analysis, Nevada law, etc.
Special skills related to appraising
I learned through my service in the United Air Force the core values that guide our work and everyday lives. These values are integrity first, service before self and excellence in all was do.
Current housing market
The current housing market in a lot of cases seems dire with falling property values, foreclosures, etc. However, there are bright sides to the current housing market as well. People who could not afford homes only a few years ago can now afford to purchase a home. Also, investors who abandoned the market are now returning. Also, sales of properties have been on the rise instead of the steady decline that was seen a short time ago.
New Regulations and Qualifications
On May 1, a new code of conduct, the HVCC (Home Valuation Code of Conduct) is scheduled to be implemented with the intent that it will isolate the appraisal process of loans purchased by Fannie Mac and Freddie Mac from bias. Loan production personnel, including mortgage brokers, will no longer be able to order the appraisal or influence the choice of appraiser. Appraisal management companies (AMCs) will take many of the orders from lenders and find appraisals. The loan production staff will be unable to contact the appraisers. An AMC will use its own selection process that might be based on specific metrics or more random.
Features and benefits as an appraiser for Empire Appraisal Services
I take pride in my ability to accurately perform appraisal reports in a timely manner that is consistent with the Empire Appraisal Service commitment to customer service.
I have been a resident of Las Vegas for 16 years. I was born and raised in Massachusetts prior to moving to Las Vegas in 1993.
702-437-3335 office phone
702-321-8664 cell phone
“Put your trust in Empire Appraisal Services for all your real estate appraisal needs”
License No: A.0006685-CR
E&O Insurance and Policy Number: Lexington Insurance Company 010007997
Years of Profession Experience: 11 years (Since 2004)
I am a Certified Residential Appraiser, doing business as well as raising my family in Las Vegas, Nevada.
In 1998 I purchased my first home, and it was an experience which caught my attention and interest in the real estate market. Later, after reading the Encyclopedia of Real Estate Appraisal, I was ready to begin my appraisal eduction and internship program. I began appraising in 2002 and have been with Empire Appraisal Services since 2004. I am proud to be a part of this business ethics, but encouragement to do what is right.
As a resident of the Las Vegas valley since 1978, I have seen first hand the many changes with our city, the ups and downs, the good and bad. From witnessing the Las Vegas strip extension of the early 90′s as a student at UNLV, to appraising throughout the housing boom of 2004, my time here has allowed me to gain appraisal experience unmatched by other markets. The downturn has taught me even more.
I am optimistic about the future and look forward to continuing my involvement in the local housing market; while serving the residents, visitors, and business of southern Nevada.
702-437-3335 office phone
702-210-5729 cell phone
“The current market, We’ll get through this together“
License No: A.0205558-CR
E&O Insurance and Policy Number: NJA859343C
Years of Professional Experience: 7 years (Since 2008)
Erik Andaya is a Certified Residential Appraiser, and has been working with Empire Appraisals since 2010.
I remember distinctly thinking what an interesting job appraisers had, when I sold my first home in 2004. Feeling this would be a good career change, I jumped at the chance to learn all I could about the appraisal process, eventually becoming a Certified Residential Appraiser in the State of Illinois, and later in the State of Nevada, after a relocation.
One of the best parts about being an appraiser is that the field allows me to spend quality time with my family, which includes three beautiful children. My schedule remains flexible, which is important in my family life.
Las Vegas, as well as the rest of our country, has seen quite a bit of change since I started in appraising, however I am proud to be an integral part of the appraisal process, and feel honored to deliver ethical and quality appraisals to the residents of Southern Nevada.