Extremely poor appraisal quality, missed applying basement Fannie Mae guidelines correctly, no knowledge of high end new construction or any construction in the city of Seattle. Andrew Kesterson assumed building grade lower than spec home quality construction that no one can even do around in the city, maybe out where he's from. They were off by 45% from actual construction costs and I verified that by ordering another accurate and competent appraisal. Yet they wouldn't reconsider any of my detailed comp and numerous technical errors that I raised. Of course not, they are always right. Appraisers as an industry are the worse, for years they matched the sales prices of booming real estate without any honest analysis, and now the pendulum has swung to the opposite, still no analysis, but pick the lowest value within 10 miles and fill in the computer program.in my opinion, I recommend anyone AVOID these guys and AVOID BECU for construction loans. Get someone from the actual city of Seattle.
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