Michael H Fukano, Review

Incompetent, negligible, slow and under-researched appraisal
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by LuccaFe, Jul. 28, 2020

As I’m going through a refi - I received a home appraisal from Michael.  To start, he was unfriendly and did not ask me anything about the home (which felt unprofessional).

Secondly - His comp sales were massively off.   I have a fully finished basement unit (brand new renovation) and this effectively doubles the square footage of my home.  

In the appraisal that Michael delivered , he did not reference any comparable homes with renovated basement MILs.  In fact - he comped two properties (out of 4 comps) that had completely unfinished basement as comparables, and the other 2 had no basements at all.

There are multiple properties near my house with basement mother-in-law units  - each was sold in the last year within 2 to 3 blocks of my home .   I literally found one within 2 minutes -  How he didn’t find those through his research is baffling to me.

Based on his in adequate comps, Michael determined an appraisal value that was - no joke - almost $100k less than a second appraisal I received last week.  That other appraisal (an appraiser contracted through my current Mortgage company) listed comps nearby that have MIL Basement units - which led to a more realistic valuation for my property.

I feel that Michael was lazy and did not do proper research to find adequate comparables.  I have zero trust or confidence in the appraisal that he provided, and I want to be sure there is some record online of his appraisal incompetency so that you can request a different appraiser if you’re so inclined after reading this review.  

* this reviewer has be with this appraiser for <6 months
* this reviewer had 1 - 2 dentists before.
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