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The Value of Words in Valuation

Appraisal Buzz

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. When reading contracts, words will always have their ordinary meaning unless defined otherwise. adjective.

Valuation 360
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What Do Appraisers Look For in a Sales Contract?

Appraisal Today

What Do Appraisers Look For in a Sales Contract? Why must an appraiser be given a copy of the sales contract? That’s the real reason why—because USPAP says so. It is also explicit in pointing out that while borrowers may rely on the report for their mortgage finance purposes, they are not intended users. =

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Ohio Land for Sale: Is the Market Still Ripe for Growth in 2022?

The Robert Weiler Company

Low mortgage rates have steadied, welcoming batches of new buyers eager to own a home in the market. Let’s dive into what real estate agents can expect from the Buckeye State as we continue in 2022. On the other hand, the average prices for office buildings, hotels, and retail malls declined in 2021. Momentum in this true U.S.

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Appraising Unusual Properties

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on MLS hacked, Wells Fargo discrimination, unusual homes, mortgage origination = $274K Bedford, Pennsylvania Mansion Comes With Its Own Jail Excerpts: 5 bedroom, 1.5+ Mortgage applications increased 2.3 August 30, 2023) — Mortgage applications increased 2.3

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NAR Member Survey on Appraisal Data Collectors

Appraisal Today

When I started in this business long ago, there was no such thing as a licensed appraiser or a certified real property appraiser. Mortgage interest rates ALWAYS go up and down. Most lender appraisers have little work. == Mortgage applications increased 5.4 September 20, 2023) — Mortgage applications increased 5.4

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Strange Properties Appraisers Have Seen

Appraisal Today

This satisfies the affordable housing element,” Al Salguero, real property division manager at the Orange County Assessor’s Office, told the publication. Some are busy, usually in rural areas and/or non-lender appraisals. == Mortgage applications decreased 1.0 October 25, 2023) — Mortgage applications decreased 1.0

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NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

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?”. Mortgage applications decreased 0.8