Chicagoland Appraisal Blog

AUGUST 1, 2023

Reading a home appraisal might feel overwhelming at first, but worry not! While each appraisal may have slight variations, the following structure offers a general roadmap to help you smoothly navigate through it. Before you know it you’ve carefully read and understood the appraisal.

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Appraisal Legal Construction Appraisal Process 148

Cleveland Appraisal Blog

JUNE 23, 2023

Land ownership comes with legal obligations which can change quite a lot depending on where you are buying land. Before you purchase anything, consider the legal implications, including property taxes, zoning laws, environmental regulations, and permits required for your intended use. What are the local regulations?

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Property Taxes Legal Law Property Appraisal 195

Cleveland Appraisal Blog

AUGUST 25, 2022

Today, Cleveland Appraisal Blog shares a few tips for first-time investors. When you run a business, and owning rental property is a business , you’re almost always better off forming a legal business structure. Cleveland Appraisal Blog offers a wealth of free information on every aspect of the appraisal process.

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Appraisal Today

JUNE 7, 2024

CFPB Crackdown: Unfair Practices Hurting Consumers This includes Appraisal payments to appraisers by AMCs by Josh Tucker, June 5, 2024 Comments must be received on or before August 2, 2024 Excerpts: As we all know many AMCs are not paying Customary & Reasonable fee as required by TILA. She begged him to sketch her.

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Appraisal Insurance Contracts Business 64

Cleveland Appraisal Blog

SEPTEMBER 21, 2023

Did I give up on blogging and podcasting? Anyhow, I’ve missed blogging and I’m sorry for being gone so long. Anastasia Corjan reached out to me a little over a year and a half ago to invite me to be an Appraisal Ambassador for them. I hope you all have been doing good and hanging in there. Did I go dark?

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Marketing Real Estate Agent Real Estate Appraisal 300

Housing Wire

MARCH 21, 2024

Therefore, since FHA and Enterprise loans require their submission as condition of the mortgage loan, CHLA asks that these fees and the non-competitive nature of this market be scrutinized – and that whatever legal and appropriate actions that are available are pursued.” Equifax did not immediately return a request for comment.

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Appraiserblogs

OCTOBER 26, 2022

Does a mortgage lender have liability to the borrower for a negligent appraisal? Leaving aside the appraiser’s potential liability, does a mortgage lender have liability to the borrower for a negligent appraisal? AMC Liability for Deficient Appraisals.may AMCs be liable for the deficient work of contractor appraisers?

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Appraisal Legal Law Real Estate 114

Cleveland Appraisal Blog

JULY 6, 2022

In one Facebook group the other day, (yes, I’m back on Facebook ) one member mentioned they feel that a person who scans a property to provide an appraiser with a floor plan should be licensed. WHAT IS AN APPRAISAL INSPECTION? I think it’s important to understand what an appraisal inspection is. What do you think?

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Inspection Appraisal Technology Clients 369

Cleveland Appraisal Blog

FEBRUARY 24, 2022

This week, I welcome back guest blogger June Duncan, who wrote this article for the Cleveland Appraisal Blog. So, start by getting your home appraised so you know how much you can reasonably expect for it. If you need to purchase inventory or supplies, do so after your business is legal. – Birmingham Appraisal Blog.

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Business Appraisal Real Estate Legal 243

Appraiserblogs

AUGUST 9, 2022

The Consumer Financial Protection Bureau (CFPB) has started investigating alleged appraisal discrimination. For the last year, 40% of my legal work has been occupied by issues concerning alleged discrimination – balanced between representing parties in fair housing investigations and helping clients improve compliance and decrease risk.

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Appraisal Legal Clients Development 120

Cleveland Appraisal Blog

APRIL 26, 2023

This week, I welcome back guest blogger, Ashley Rodriguez with bins4less , who wrote this article for the Cleveland Appraisal Blog. Not only can a realtor help you find the right piece of land and negotiate the price, but they can even help you navigate the legal paperwork. But to do so, you need land. I hope you enjoy it!

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Padove Appraisal Service

FEBRUARY 27, 2023

Many people’s experiences with real estate appraisals are limited to mortgage applications. The appraiser is usually selected, and the report ordered through the lender. The task of selecting an appraiser for purposes such as estate planning and settlement, divorce, tax appeal, etc.,

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Appraisal Real Estate Real Estate Agent Appraisal Process 145

Appraiserblogs

AUGUST 11, 2022

The Texas Appraiser Licensing and Certification Board is a hot mess, but one with a malicious and callous streak. The Unclean Hands Doctrine is a legal defense. Based on this doctrine, the feculent fingers of the Texas Appraiser Licensing. The American Guild of Appraiser recently wrote to…. Fast Connections AMC Fined $2.8

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Appraisal Today

APRIL 26, 2024

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. For appraisals required to be Uniform Appraisal Dataset (UAD) compliant, you must indicate the type of sale for the transaction.

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Housing Wire

MAY 21, 2024

Online real estate platforms, local newspapers, and real estate blogs are valuable sources of information. Get a professional appraisal A professional appraisal becomes even more important when you’re buying a home in a non-disclosure state.

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Appraisal Today

JANUARY 5, 2024

Bradley, SRA, CDEI, McKissock Learning On May 5, 2023, the Appraisal Standards Board (ASB) voted to adopt changes to the Uniform Standards of Professional Appraisal Practice (USPAP), which will become effective January 1, 2024. I suppose it is because most appraisals are done (now) for residential lending purposes.

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Appraisal Contracts Legal Business 75

AmeriMac

AUGUST 6, 2023

When it comes to maximizing your legal strategy, leveraging litigation support services can be a game-changer. In this blog, we will dive deep into the world of litigation support and explore its key aspects and impact on legal cases. How can Litigation Support Services Optimize Your Legal Strategy?

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Cleveland Appraisal Blog

APRIL 21, 2022

Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Market value, therefore, considers the entire pool of potential buyers of homes that are similar to, and that compete with the property being appraised. CRAZY NEIGHBORS.

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Market Value Appraisal Agents Real Estate Agent 350

Cleveland Appraisal Blog

AUGUST 11, 2022

Talking to your real estate agent or appraiser is also helpful to get a professional’s point of view. The type and range of information you have to provide in the seller’s property disclosure will, of course, depend on the legal regulations of the state where you have the property. What does it mean to sell your home as-is?

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Renovations Buyers Appraisal Investing 221

Appraisal Hub

NOVEMBER 30, 2023

Whether you’re considering selling your home, refinancing your mortgage, or simply looking to understand your property’s market value, a professional residential appraisal is the key. Accurate Market Value Assessment: The primary benefit of a residential appraisal is the accurate assessment of your property’s market value.

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Appraisal Property Taxes Valuation Market Value 78

Appraiserblogs

MARCH 17, 2021

Bill A5185 and AMC Bill A5146 introduced to the state legislature in New Jersey show just how much state legislators don’t understand the appraisal profession. Valuation Legal warned us about this back in December: Appraiser and AMC Laws to Include Prohibitions Against Discrimination. From Bill A5185: 2. 45:14F-1 et seq.)

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Appraisal Law Legal Property Appraisal 116

McKissock

SEPTEMBER 21, 2021

In our litigious society, real estate appraisers are increasingly vulnerable to many kinds of liability. Luckily, there are steps you can take to limit your legal liability and keep yourself and your business protected. Join us on Wednesday, October 13th for this one-hour, non-credit webinar on appraisal engagement letters.

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Appraisal Legal Government Valuation 80

Cleveland Appraisal Blog

APRIL 23, 2021

June reached out to me to see if I would be interested in having her write a piece for the Cleveland Appraisal Blog, on helping the elderly or disabled when they are in decline. People who are helping their loved ones with estate issues will benefit from checking out the Cleveland Appraisal Blog. This is the case today.

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Appraiserblogs

MAY 3, 2023

Disparate treatment and impact are bad for appraisers because they can damage the reputation of the profession, lead to legal and regulatory action, and negatively impact the success and viability of individual appraisers and their businesses. Related Posts: Bill Prohibiting Discrimination in Appraisals.

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Legal Appraisal Real Estate Business 110

Cleveland Appraisal Blog

JANUARY 7, 2021

CONSIDERING LAND IN THE APPRAISAL PROCESS. When appraising a property, we must analyze what the highest and best use of the land is. In that analysis we must determine if the use of the land is legally permissible, physically possible, financially feasible and most profitable. That is how value works. Be safe out there!

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Appraisal Legal Inspection Real Estate 344

Appraiserblogs

MAY 5, 2023

The largest appraisal management company had hired Mr. Uchendu as one such property data collector despite his criminal background and pending legal issues – clearly demonstrating their lackadaisical attitude towards vetting employees who are tasked with collecting sensitive information about properties and homeowners.

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Law Legal Training Appraisal 148

Birmingham Appraisal

JUNE 7, 2023

Appraisers Helping Accountants In the realm of real estate transactions, residential appraisers play an important role in providing accurate valuations. Appraisers also offer valuable support to accountants by providing crucial insights and data for various financial purposes.

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Town & Country Residential Appraisals

AUGUST 7, 2023

We understand that going through a divorce is an incredibly challenging experience, both emotionally and legally. One effective way to achieve this is by engaging the services of an experienced and qualified appraiser who has been established as an expert witness in divorce litigation.

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Appraisal Legal Clients Valuation 55

Appraiserblogs

JULY 6, 2022

How Does an Eminent Domain Attorney Critique and Review An Appraisal Upon Which His Client’s Just Compensation Is Based? Attorneys representing property owners and appraisers responsible for documenting the value of the property being taken often work together in an eminent domain case. Why Are Appraisers Banned?

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Valuation Legal Appraisal Development 123

Appraisal Today

NOVEMBER 24, 2023

The Surfing Appraiser Riding the Waves of Up and Down Mortgage Rates By Mark Buhler Excerpts: Riding the waves of the appraisal profession can result in a range of outcomes and emotions over time. Appraisers, and surfers, have varying levels of experience, and experiences. Appraisers were busy cranking out appraisal reports.

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Appraisal Mortgage Business Contracts 75

Appraiserblogs

AUGUST 1, 2022

Her experience as a licensed real property appraiser in West Virginia turned out to be the perfect training ground for the study of public corruption, restraint of trade and government overreach. Are Bifurcated Appraisals Legal in Your State? Lately there has been a push for bifurcated (hybrid) appraisal products.

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Legal Training Property Appraisal Law 129

McKissock

MARCH 2, 2021

As an experienced appraiser, you’ve likely encountered pressure to hit the purchase price or develop your appraisal based on a predetermined value. In this Pro-Series webinar , bank appraisal manager Alex Gilbert discusses best practices for when the purchase price is not supported by the available comps and market data.

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Appraisal Contracts Market Value Clients 103

Appraiserblogs

JUNE 28, 2022

Appraisers, this article was prompted by my ‘coming in contact with’ several appraisal reports where different regional appraisers report the physical location of the subject property “in” a particular City associated with the postal ZIP Code for that City. Since I observed this inaccuracy among appraisers who.

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Legal Appraisal 124

Appraisal Today

DECEMBER 8, 2023

OK to average adjusted comps on appraisal? Basic Appraisal, but not all appraisers know about this, especially if they “appraise to fit the form” aka form fillers. Worth reading, plus the appraiser comments. Read on blog www.appraisaltoday.com/blog Posted by noon Friday. One of the best I have read.

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Appraisal Real Estate Contracts Design 67

Boston Appraisal

OCTOBER 8, 2022

In recent years, it has become common for lenders to obtain hybrid appraisals. While appraisers provide an essential service through their reports, this work comes at high costs to the buyer or borrower. This cost can be measured in terms of dollars spent on an appraisal or the time required to produce a full appraisal report.

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Appraisal Inspection Appraisal Process Valuation 78

Appraiserblogs

JUNE 28, 2021

Of my thousands of readers, very few of them are not in real estate appraisal. Appraisers, an appraiser shared AMC appraisal report review documents with me,… You Should Be Insulted. Appraisers, an appraiser shared AMC appraisal report review documents with me,… You Should Be Insulted.

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Legal Appraisal Real Estate Mortgage 146

Appraisal Today

JUNE 23, 2023

This Is Where Appraisal Liability Risks Lie (Plus Tips on How to Avoid Them) By: McKissock Excerpts: While it’s difficult for a litigant to win a judgment against an appraiser, that doesn’t spare appraisers the inconvenience of being sued, which can be costly, time-consuming, and harmful to one’s reputation even if the suit fails.

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Appraisal Real Estate Valuation Contracts 86