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FNMA Property Data Collectors Program Violates WV Law

Appraiserblogs

This program allows for the collection of data related to real estate appraisals by unlicensed third-party data collectors, which is in direct violation of article 38 of the state’s Real Estate Appraiser Licensing and Certification Act. ARTICLE 38. THE REAL ESTATE APPRAISER. THE REAL ESTATE APPRAISER.

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Modernizing Appraisals: Collaborative Valuation

Appraisal Buzz

This article was originally published in the Fall 2021 Appraisal Buzz Magazine here. My solution was to hire and train a few folks that could help me develop and support my workflow and processes. The problem with trainees in most GSE and agency (FHA, USDA, AND VA) related work is that trainees cannot inspect properties.

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Increasing Diversity in Appraisal Profession.

Appraisal Buzz

This article addresses several issues with the real estate appraisal profession that are worthy of further examination and comment. The article accurately notes the lack of diversity in the appraisal profession. The article also addresses a flaw in the current licensing system for appraisers, primarily the supervisor-trainee model.

Appraisal 370
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Home Appraisal vs. Home Inspection

CP Home Appraisals

Isn’t a home inspection similar to a home appraisal? Not at all – an appraisal differs from a house inspection. Although the home appraiser will complete a rudimentary inspection of the subject property, it will be nowhere near as thorough as what a property inspector does. Do I need a home inspection as well?

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Are Home Buyers Regretting Their Purchase?

Cleveland Appraisal Blog

Below is a chart from the National Association of REALTORS article on home buyer regret. WAIVING HOME INSPECTIONS. He said this year has been extremely slow for him because people are waiving home inspections to get a competitive edge on other buyers, bidding on the same home. Getting a home inspection is a personal decision.

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The Role of Data Management in Construction Project Success

GoForrmz

In this article, we delve into the pivotal role of data management in construction project success, highlighting the importance of harnessing digital tools like online form builders to optimize data capture and utilization. One critical aspect where digitalization shines is in data management.

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Hybrid Appraisals and the Associated Risks

Boston Appraisal

Hybrid appraisals and full appraisals differ in one key aspect, property inspection. In the course of a full appraisal, the appraiser will schedule and inspect the property themselves. For hybrid appraisals, the property inspection is completed by a third party, and that information is relayed to the appraiser.

Appraisal 135