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Appraisal Buzz
AUGUST 1, 2022
As a minimum basis, a real property appraisal report written for the government sponsored entities (GSEs) and agencies are what USPAP (Uniform Standards of Professional Appraisal Practice) refers to as Appraisal Reports. Standard 2 is the specific standard that addresses the reporting of appraisals.
Appraisal Today
OCTOBER 27, 2023
Strange Encounters in Property Appraisal By: McKissock Excerpts: Property appraisal is not typically thought of as a “dangerous” profession per se. However, you may encounter some strange—or even spooky—properties from time to time. The average contract interest rate for 15-year fixed-rate mortgages increased to 7.08
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Cleveland Appraisal Blog
MAY 26, 2023
The opposing side in one of the cases required that a new valuation be completed by a state-certified appraiser. In the other case, my client’s attorney recommended having their marital property appraised. But the owner felt that a real estate agent could do the same type of valuation as an appraiser.
McKissock
SEPTEMBER 15, 2020
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.
Appraisal Today
NOVEMBER 20, 2022
Many thanks to Ryan Lundquist’s 2020 blog post for the very appropriate image above! I also think that now is the time to increase your appraisal skills by taking classes and seminars. Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! No ads in the blog post.
Appraisal Today
DECEMBER 2, 2022
Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! To read more of this long blog post with many topics, click Read More Below!! Email Archives: [link].
McKissock
AUGUST 11, 2020
Changing the appraised value simply for the purpose of meeting the contract sales price is not a good reason. Such an act might appear to make everybody happy, e.g., the lender/client gets to make a loan, the real estate agent gets a commission, the buyers get the house, etc. It has been updated slightly.
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