article thumbnail

HW+ Member Spotlight: Jeremy Potter

Housing Wire

Jeremy Potter: Here are the trends that I am closely following: iBuyer and Rent-to-own platforms for first-time homebuyers Blockchain and tokenization technology for smart contracts and fractionalized ownership Dad jokes on Instagram reels. It’s also more modern and appealing to first-time home buyers. Jobs that create houses.”

article thumbnail

The appraisal gap is complicating deals across the country

Housing Wire

It had a large, fenced-in yard, modern appliances in an updated kitchen, a “man cave” for her husband, beamed ceilings, a massive master suite and was located in a good school district. It was definitely a rush job! The home checked off every box on Linda’s list. The house, in the Nashville area, was listed at $405,000.

Appraisal 539
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Conservation Easement in Ohio: A Guide to Protecting Our Treasured Land

The Robert Weiler Company

The importance of a fully modern open space preservation vehicle – a conservation easement in Ohio – cannot be better summarized than by our 26th President. A simple conservation easement definition is a legal contract to protect private land, permanently. A contract between the landowner and the buyer is legally binding.

Easement 148
article thumbnail

Lenders Not Using AMCs for Appraisals

Appraisal Today

Market Value By Timothy Andersen, MAI Excerpts: There are numerous definitions of market value. For purposes of this monograph, please assume the standard Fannie Mae definition (here by reference). It began with a summary of the definitions of highest and best use versus the definition of market value. percent from 6.73

article thumbnail

How To Appraise Rural Properties

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

article thumbnail

Fannie and Freddie Release New Hybrid and Desktop Forms for Testing

McKissock

As part of their appraisal modernization efforts, Fannie Mae and Freddie Mac (the GSEs) have issued test forms for Hybrid and Desktop appraisal assignments. The GSEs have also aligned on guidance regarding the use of these test forms, including formal definitions for “Hybrid” and “Desktop” assignments.

article thumbnail

What level appraiser are you?

Appraisal Today

However, based on the definition of misleading in the prior version of USPAP, many appraisers were concerned they could be disciplined for minor, unintentional reporting errors. In response to these concerns, the ASB retired this definition from USPAP for 2024. percent from 7.53 percent, with points decreasing to 0.75 percent from 7.51