Appraisal Today

FEBRUARY 24, 2023

Even the larger appraisal firms (with deep pockets) who’ve spent the last few years aggressively training and recruiting appraisers, acquiring small appraisal firms, and rolling up their competitors have rapidly changed their tone. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.39

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Appraisal Today

FEBRUARY 16, 2024

Many downtown mixed-use buildings (retail and apartments) are in my city. And you have a huge advantage in learning; as an educated and trained residential appraiser you have an existing tree of knowledge to which you can readily add new knowledge contextually. Restrictions are from the city, the county, and the state. Others are not.

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Appraisal Today

NOVEMBER 17, 2023

While there is some overlap, being qualified to perform an appraisal requires much more training, education, and expertise, and the job goes far beyond gathering physical data. 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.

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Appraisal Today

MAY 26, 2023

NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B Some appraisers feel that lenders should not provide them with the purchase and sale contract.

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Housing Wire

APRIL 21, 2022

To Ballard, 3D printing technology is evolving to solve a crisis in modern day America and the world: The failure to meet people’s demand for housing. A former Texas A&M cross country and track athlete and Episcopalian minister, Ballard in 2011 co-founded TreeHouse , a retailer to sell environmentally friendly home construction materials.

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Appraisal Today

DECEMBER 23, 2022

Modern valuation progress requires three things: 1) a clear definition of “what is a comp?” 2) Appraiser training to reflect this simple data analysis rule; and 3) standards and user requirements (such as the GSE’s) that require this basic data science issue to be evaluated in every appraisal. To read what more, click here.

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Appraisal Today

OCTOBER 13, 2023

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. It’s quite amazing how the midcentury modern style has endured, persisted, and reemerged. The average contract interest rate for 15-year fixed-rate mortgages increased to 6.97

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Appraisal Today

NOVEMBER 10, 2023

addition in 2011 expanded its footprint and modernized its features also adding a 4-car garage. There will be detailed training requirements and background checks. percent from the week prior.The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 7.61

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Appraisal Today

FEBRUARY 9, 2024

Set on a hill above a desert filled with midcentury modern homes, this duo of dwellings is part of the Hopi Village group of rock residences built by R. Born in 1887 in Texas, he served in World War I and trained in civil engineering and carpentry. The average contract interest rate for 15-year fixed-rate mortgages increased to 6.41

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The Robert Weiler Company

NOVEMBER 10, 2021

If you plan to buy commercial real estate in Ohio or beyond, you must have access to a roster of current tenants, service contracts, and maintenance records. Planes, Trains, Automobiles, and More: Transportation links are essential for any industrial space or commercial properties for lease. Do you have a paper trail?

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Appraisal Today

MAY 27, 2022

NOTE: Please scroll down to read the other topics in this long blog post on VA appraisals, appraisal modernization, eliminate VA panel, unusual homes, mortgage origination stats, etc. Lenders See Considerable Value in Appraisal Modernization. To read more of this long blog post with many topics, click Read More Below!! By Mark Buhler.

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Appraisal Today

SEPTEMBER 9, 2022

Lenders are utilizing more technology for their appraisal processes, with increased usage of modern order management platforms improving communications between lender appraisal desks and appraisers and incorporating both automated and manual processes in their underwriting of appraisals. Have a bulletproof workfile is a great way, too.

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