Appraisal Today

JANUARY 5, 2024

NOTE: Please scroll down to read the other topics in this long blog post on New CA bias classes, 2024 New Years resolutions, 2024 goals, unusual homes, mortgage origination stats, etc. Chance to really irritate annoying real estate salespeople. These represent the first changes to USPAP in four years. Excerpts: 4 Bedrooms, 4.5

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Appraisal Today

DECEMBER 2, 2022

In a July 9, 2015, Concept Paper – Alternate Track to the Experience Requirements in the Real Property Appraiser Qualification Criteria, the AQB asked: “Are there practical alternatives for some (or all) of the appraisal experience requirements to include non-appraisal experience?”. Appraisers are real estate reporters.

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Appraisal Today

MARCH 22, 2024

NOTE: Please scroll down to read the other topics in this long blog post on Fannie March Update, Bias and not using time adjustments, Climate change effects on risk and values, answer your phone if you want more appraisal business, unusual homes, mortgage origination stats, etc. To read more, Click Here My comments: Worth reading.

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Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? I will always remember when, many years ago, a top local real estate agent asked me why I was driving around taking photos of homes.

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Appraisal Today

JUNE 17, 2022

To read more of this long blog post with many topics, click Read More Below!! To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==.

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McKissock

SEPTEMBER 7, 2021

Following the pandemic, we are experiencing a surging real estate market, which begs the question: Is there a market correction on its way? I have no idea, but there will be warning signs, and that’s what this blog article is about. Of course there is. What will be the early signs? B) Days on Market for listings increase.

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Appraisal Today

DECEMBER 22, 2023

How to Account for a Superadequacy By: McKissock Excerpts: What is superadequacy? Per The Dictionary of Real Estate Appraisal, 6th Ed., Example #1: Superadequate custom fireplace Example #2: Superadequate 12-car garage To read more, Click Here My comments: Although the blog post references luxury homes, this can occur anywhere.

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Appraisal Today

APRIL 12, 2024

I have done drivebys for estate appraisals when the home had been sold and I had no access. NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, using new construction comps for existing homes, master planned communities, unusual homes, mortgage origination stats, etc.

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Appraiserblogs

MARCH 1, 2021

A bill to amend Illinois’ appraiser and real estate licensing acts to address discrimination. With increased public attention on the… The post Blaming, Punishing Appraisers in State Laws appeared on Appraisers Blogs. Here’s the law from New York state: 19 NYCRR § 1107.2. is amended as follows: Section 1107.2.

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Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. See how many historic homes and buildings are where you do appraisals and where you live. Worth reading. A good summary.

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Appraisal Today

OCTOBER 13, 2023

How to Level Up as an Appraiser By Conrad Meertins Jr. Depending on how you were trained, at the beginner level you typically view appraisals as forms — forms with checkboxes to be checked or left blank. Level 2 – Intermediate At the intermediate level, you realize there is more to appraising real estate than checking boxes.

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Appraisal Today

AUGUST 25, 2023

What’s the Average Real Estate Appraiser Salary? However… the average appraiser salary varies significantly across license levels. Licensed appraisers earn approximately $89K per year. If you’re thinking about upgrading your license, this illustrates the income levels. She was previously a secretary.

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Appraisal Today

AUGUST 13, 2023

ChatGPT: Valuable Tool or a Replacement for Real Estate Appraisers? I have not had time to use it, but have been reading and watching demos about how it can be used for appraisers for awhile. I recently had to renew my California Driver’s license, as I am over 70 and had to do a written exam and eye test.

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Appraisal Today

NOVEMBER 20, 2022

Learn how to accurately determine adjustments. Don’t stop taking classes just because you have enough CE credit to meet your next renewal; that mentality is for the bottom tier of appraisers. Sins of the Past Are Back to Haunt Appraisers. Fannie Mae Takes A Closer Look at Appraisals. By Richard Hagar, SRA. Incorrect land values.

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Appraisal Today

DECEMBER 15, 2023

To watch the Excellent UAD and Forms Redesign Video (3 min. 47 seconds) Click Here For more detailed information on web page Click Here My comments: Watch the short video. The Clauses are also unveiling a few festive upgrades to their cabin, including a custom elf door, a naughty-or-nice detector and a hot cocoa bar. Santa Premium Adjustment?

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Appraisal Today

FEBRUARY 9, 2024

How does the FHA define appliances? How do appraisers consider appliances? NOTE: Please scroll down to read the other topics in this long blog post on E&O and state boards, bias, 32% sales are new homes, unusual homes, mortgage origination stats, etc. = By Daniel A. FHA Handbook 4000.1 Short and understandable.

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Appraisal Today

FEBRUARY 2, 2024

The Appraisal World Is Changing January 25, 2024 Excerpts: There has been a lot of talk about the Uniform Appraisal Dataset (UAD) and Uniform Residential Appraisal Report (URAR) redesign initiative, and how it will make life easier for appraisers. How will these UAD and URAR changes be beneficial? What exactly does this mean?

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McKissock

JULY 28, 2020

My reply to these prognosticators is that residential appraisers are not going away, but rather how they perform appraisals and how they communicate their opinions will be changing significantly due to technological advancements, and over time, we probably won’t need as many appraisers as we have in the past.

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Appraisal Today

MAY 26, 2023

Cosmetic repairs Examples MPR repairs Examples Conditions that require inspection Examples To read more, click here My comments: If you do FHA appraisals, read this blog post. The fraud started in 2008, one year after Roberts became a licensed appraiser, according to court documents and statements. Photos and lots of examples.

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Will Springer Realtor

JANUARY 9, 2024

NEW LAWS AFFECT HOME BUYERS Washington lawmakers last year set out to make our corner of the country one of the most consumer-friendly real estate environments anywhere. 1, that requires buyers wishing to work with a licensed real estate broker to sign a services contract. Treasurys and mortgage-backed securities.

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Appraisal Today

SEPTEMBER 2, 2022

How to Handle Appraisal Pressure and Stay Ethical? To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on Real estate market changes, ADUs, AMC interview, unusual homes, mortgage origination stats, etc. ==. $4

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Appraisal Today

MAY 20, 2022

Excerpts: I called the listing agent on the property I was to appraise and asked if they knew how an appraiser might go about obtaining a floor plan (for my desktop appraisal). To read more of this long blog post with many topics, click Read More Below!! She had no idea and had never heard of this type of thing being needed.

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Appraisal Today

NOVEMBER 10, 2023

NOTE: Please scroll down to read the other topics in this long blog post on effect of low rates on existing home loans, Liability, Bias, FHA manufactured home changes, unusual homes, mortgage origination stats, etc. Stick to the facts. Here are a few more best practices that can help appraisers achieve more objective appraisals.

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Appraisal Today

NOVEMBER 17, 2023

Myth #3: PDCs are not properly trained or qualified While there isn’t a license, PDCs are still required to be trained and competent to do their job. Myth #3: PDCs are not properly trained or qualified While there isn’t a license, PDCs are still required to be trained and competent to do their job. The beloved musician died in 2012.

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Appraisal Today

JULY 15, 2022

In the video, Joan Trice and Julie disagreed on how to appraise Short Term Rentals. Don’t Risk Your License! . Julie and I are co-hosts every Thursday at 2 PM Pacific Time in our Clubhouse group (Real Estate Appraisal Questions). To read more of this long blog post with many topics, click Read More Below!!

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