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Housing Statistics for Beginners, Part 3

Birmingham Appraisal

A pending sale where the borrower is approved with financing and the property appraises for the contract amount and is just waiting to close is much better than one that just went under contract yesterday. The post Housing Statistics for Beginners, Part 3 appeared first on Birmingham Appraisal Blog.

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Appraisers and Property Data Collectors

Appraisal Today

4 Myths About Property Data Collection By McKissock Excerpts: Myth #1: PDC is the same thing as property appraisal As a professional appraiser, you know very well that what a property data collector does is not the same as what you do — even if your clients don’t always understand the difference. Too cyclical.

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OK to average adjusted comps on appraisals?

Appraisal Today

Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! Well, for starters, the property known as Hale Palau’ea is nearly hidden. ”… Question 2: does the lending industry owe the appraiser a living?

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8 Common Violations Made by Appraisers

McKissock

Failure to disclose appraisal assistance. Failure to disclose significant real property appraisal assistance is another common violation. States often see this when a trainee or assistant applies to become a licensed or certified appraiser, and they submit their appraisal log to be reviewed by the state agency.

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How Does the VA Appraisal Panel Operate?

McKissock

The VA uses state-licensed or state-certified appraisers to provide opinions of value for the homes on which it guarantees the mortgages. In order to complete a VA appraisal , you must be on the VA panel. Here’s an overview of how the VA appraisal panel operates. VA appraisal panel vs. FHA appraisal roster.

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NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. NOTE: Please scroll down to read the other topics in this long blog post on George Harrison passed, Appraisal business, marketingunusual homes, mortgage origination stats, etc. Sold 4/1/2013 for $998,000.

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How Are Appraisal Complaints Enforced?

McKissock

Appraisal complaints can be filed by government agencies like HUD and government-sponsored enterprises like Fannie Mae and Freddie Mac. Individual mortgage lenders file complaints, appraisers file complaints against other appraisers, and sometimes attorneys file complaints. Looking to upgrade your appraisal license?