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Opinion: The path to modernizing the appraisal process

Housing Wire

Regardless of the size or complexity of a system or process, it is time to look at whether the impact it has on people is equitable. And the appraisal process is no exception. of the properties in Black neighborhoods receive appraisal values lower than the contract price versus 7.4% All people.

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Incenter Appraisal Management and McKissock Learning Form Desktop Valuation Training Partnership

Appraisal Buzz

McKissock Learning and Incenter Appraisal Management are equally focused on empowering appraisers to remain the key stakeholders in the appraisal process. For more information, please visit incenteram.com. For more information, go to www.colibrigroup.com or www.mckissock.com/. About McKissock Learning.

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HUD and FHA announce new appraisal bias protections

Housing Wire

HUD called the new guidance a step to fulfill the commitments of its Interagency Task Force on Property Appraisal and Valuation Equity (PAVE), which includes representatives from 13 federal agencies. It empowers consumers while affording appraisers an opportunity to make sure they got it right. Handbook at a later date.

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Want to price your property like a professional home appraiser?

Premier Home Appraisal Blog

Are you a real estate professional or mortgage lender looking to learn more about the home appraisal process? Let our experienced certified Virginia appraisal experts be the premier source of home appraisal knowledge for your market. We can help!

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PAVE Task Force Releases Recommendations to Promote Valuation Equity

McKissock

On March 23, 2022, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released a report entitled “Action Plan to Advance Property Appraisal and Valuation Equity.” The 58-page report is available here , while an Executive Summary of the report is also available. Not to be outdone, the U.S.

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GSEs further expand AVMs, desktop and hybrid appraisals

Housing Wire

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. Still, there are some kinks to work out of third-party property data collection, which Christensen described as the “Wild West.”.

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7 Common Mistakes Sellers Should Avoid During a Real Estate Appraisal

Birmingham Appraisal

Homeowners, Don’t Make These Appraisal Mistakes When Selling Your Home As a real estate appraiser, I have seen many mistakes that sellers make during the appraisal process. These mistakes can significantly impact the value of a property and even lead to an appraisal being lower than the contract price.

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