Welcome to the New REV | Ask Henry Harrison Blog!


Dear Readers:

In 2013 I was diagnosed with a sever case of Shingles that paralyzed my right leg and foot. So I took a hiatus from publishing REV Magazine and the Ask Henry Harrison blog while I recovered. Now two years later, I have recovered sufficiently to play tennis (mostly doubles), bike almost daily, and I have even started taking golf lessons (Last time I played was over 60 years ago).

I am releasing my newest line-by-line Illustrated Guide focusing on the new FHA requirements, which you can read more about below. My Harrison's Illustrated Guide How to Make an FHA Single Family Appraisal - 2015 Edition makes accessing crucial information easier for appraisers by going page-by-page through the URAR and MC forms, covering FHA and other requirements. The Model Comments sections of this book have also been updated in this edition. Appraisers who buy the book may use all of the model comments as you wish.

When I looked at our last REV issue — from Fall 2013 — I was surprised to see that not as much has changed as I expected. The previous editorial was about Fannie Mae and Freddie Mac who had been taken over by the Federal Government and in a conservatorship under the supervision of the US Treasury and controlled by Federal Housing and Finance Agency.

In the Fall 2013 issue, I also reported that Fannie Mae Stock was trading for less than $1.50 a share. I implied that someone looking for a highly speculative investment might be interested. In March of 2014 it sold for over $4.25. It is now selling for about $2.50. In this same issue there was a review of the HUD-FHA Handbooks 4155.2 and 4150.2. In March 2015, the two Handbooks have been replaced with a new FHA Handbook 4000.1 and a new Appraiser’s Guide. These publications were scheduled to replace the old ones in June 2015. Swamped with complaints of the short notice of the change the FHA extended the replacement date until September 15, 2015.

Over the last two years, I have answered numerous Ask Henry questions. We have selected a few some of them for immediate publication for our re-launch.

We will continue to review new Appraisal Books starting with Valuing Contaminated Properties Volume II Edited by Richard J. Roddewig, MAI. Published by the Appraisal Institute.

Our new policy will be to send an email to our mailing list each time the magazine/blog is updated. This issue was sent to your last known email address. If you would like to be notified at another address, or like to be taken off our mailing list or have our magazine sent to anyone else you think would want to receive it please click here to update your information.

My son, H Alex Harrison, Esq., editor of REV Magazine and Ask Henry Harrison Blog, now works for the Massachusetts Commission Against Discrimination, as the Executive Assistant to the Commissioners. He has assured me that he is still committed to working evenings and weekends as editor of REV magazine and the Ask Henry Harrison Blog. You can contact him at webmaster@revmag.com.

I am looking forward to hearing from you and I will try an answer all emails in a timely manner.


Your New Layout
Hi Henry,
I've been a reader of your magazine for twelve years, and have always enjoyed it. I have not read it in quite awhile, as I have been buried with things to do - but tonight I made time to sit down and savor it, as I have always enjoyed doing.

Two things I really like - first of all, the long all on one page design is so much nicer than the link back and forth between pages design. I liked it immensely - stay with this design!

And secondly, as I have only seen the picture of you that was taken in about 1965 or so (?) I had my doubts you were a real person, and if you were, you must be over 120 years old, as you never ever put a picture of yourself anywhere, save for the one file photo that is used exclusively. Now, in the latest edition, I see you do indeed exist, along with your wife Ruth, and your fine looking Son H Alex. You certainly look more "scholarly" in your recent picture. Your wife is beautiful, and your Son - now you have someone that can write a legal column - ! What a bonus!

Although I have not been around as long as some appraisers (only 12 years), I remember getting a folder from Forms and Worms the first day of my first appraisal class, here in Denver. I have purchased several books over the years, and have always appreciated that the books were totally complete, and I was thus able to learn and accelerate in my field very fast because of that.

If I were you, I'd get rid of your stock picture and make a new one with all three of you in it. Your audience is around your age, so we don't mind gray hair. It's a package deal - and your package is better than mine... so don't hide.

The best to everyone - and keep up the good work. Things are always improving.

To Success, and Nothing Less,
Rick Stillman


Welcome to the Neighborhood!

Dear REV,
Sorry to learn that Fall 2010 was the last online issue because we really enjoyed your magazine all these years, but I'm sure the new blog will be a great replacement! We look forward to our peek into Henry's appraisal knowledge with the coming of each issue. And, we want to welcome you to the neighborhood! 

We're away off from Melbourne, here in Ocala, but a heck of lot closer than Connecticut. We hope you find the Florida lifestyle to be so great that you'll soon consider your Florida home as the main base, with the alternate home way up north!
Thanks for all you do.

Dan E. Daniels
Ocala, FL 34473-3167


I Wish You Good Luck with the Blog
Thanks for all the good help you've provided over all the years. I wish you and all the REV folks good luck with the BLOG.

Mark O’Brien


Keep Up the Good Work

Good job guys love the magazine and its content. Keep up the good work. I need all the help that I can get. I have used your services before.

Rick Dalton's Appraisal Service


It's Been A Great Ride

Dear Henry:

I can remember one of the earliest seminars I took from you -- I think it was on Hilton Head Island about 30 years ago with the AACA -- and you have always been an inspiration to me and my staff. Through your seminars, guidebooks, forms and especially those bass worms (!), you have added a dimension to the appraisal industry that isn't even closely matched by others. Maybe your name won't be on any appraisal theory or a bricks-and-mortar library but you will always be the first and foremost authority on how to survive in the appraisal business.

It's been a great ride –– and as I can see from your photos, it ain't over yet!!

Bill Buchalter
Certified Appraisal Service

P.S. Seems like Florida is a great place to be; I am writing to you from there myself. If you ever want to do some fishing or chew the fat, I am right down the road from you in Stuart.


Dear REV:

What a pleasant surprise to see email from REV magazine this AM...Like a long lost friend, I've always been happy to hear from Henry and enjoy his easy-to-comprehend take on the appraisal industry. I believe I have most every copy of REV magazine in my library and printed articles from the more recent web versions. He has the gift of getting his thoughts on paper in a way that is easily absorbed.

Happy Belated 80th Birthday and I look forward to your blog entries.

Best Wishes!
Julie Mathewson

Welcome - Fall 2012

Dear Readers,
Welcome to the Fall 2012 Online Edition of Real Estate Valuation Magazine.

Real Estate Valuation Magazine started in 1986. Since then, we have published over 100 issues—75 printed editions through the Spring of 2003, and 25 online issues since then. For the past 15 years, my wife and longtime collaborator, Ruth Lambert, has been the editor of
REVMAG, assisted by our son, H Alex Harrison, who has been REV’s webmaster since we launched the site in 2003.
Henry Harrison, H Alex, and Ruth Lambert
With this issue, Ruth is retiring from a long and successful career at REV Magazine. In June 2013, Ruth is receiving her MFA in Creative Writing from Goddard College (also my alma mater for my Masters in Adult Education). Thereafter, Ruth plans to start her next career as an author and teacher. Many of you know Ruth, and I am sure you will join us in wishing her well in her new endeavors.

We will continue publishing and writing for the magazine as in the past. H Alex is stepping in as Editor, effective this issue, and will continue on as REV’s webmaster.

H Alex is our youngest child (of four) and only son. He earned his J.D. from Northeastern University School of Law and B.A. from Sarah Lawrence College. He has worked for
REV as webmaster since 2003, and I welcome his vision of REV as we launch a series of new initiatives in 2013 to embrace the digital age.

Many REV readers are former students of mine, which pleases me, as real estate appraisal education is now my primary occupation. I continue to write and update my books as needed, and we have expanded our online education in collaboration with Van Ed (
www.vaned.com) in Denver, CO.

My newest seminar, “
Basic Home Construction,” has just received AQB approval. It is suitable for both Appraisers and Realtors. It will be available shortly, for both classroom and online presentation. The course is based on my best-selling product knowledge book, HOUSES: The Illustrated Guide to Construction, Design and Systems, which has sold over 500,000 copies since its first publication in 1973. (HOUSES is currently being revised; an updated version will be published in 2013.)

What’s New: Starting with the next issue, REVMAG is launching a free national Appraisal Education Directory. This Directory will list available classroom and online appraisal courses and continuing education seminars on a state-by-state basis, by date. The Directory will be continuously updated based on information we receive from schools and appraisal chapters around the country. The Appraisal Education Directory is the first of its kind, offering a single centralized location for Real Estate Professionals in every state to find basic and continuing ed courses quickly and easily.

REVMAG is poised to grow! We look forward to hearing from you, our readers, about what you want us to focus on, what features you especially enjoy and appreciate, and what's working well for you. Enjoy this latest issue of the magazine! Be sure to sign up for our
free email newsletter by entering your email address in the sign up box on the right. It is the easiest way to stay up-to-date regarding everything we offer.

Well wishes and accolades can be sent directly to Ruth (
ruth2@revmag.com); any questions or suggestions should go to our new editor, H Alex Harrison (webmaster@revmag.com); and I always welcome personal messages and your appraisal questions as well. Please email me at: askhenryharrison@revmag.com

Just as our former Editor starts on her new path, REVMAG too is growing and changing every day.


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