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Appraisal Inspection Vs. Home Inspection: Your Role as an Appraiser

McKissock

Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., FHA appraisal assignments ) because they don’t want to be considered a “home inspector.” You were hired to complete an appraisal. Can an appraisal inspection substitute a home inspection?

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How To Appraise Rural Properties

Appraisal Today

Defining rural properties – USDA and GSEs Challenges of appraising rural properties Appraising rural properties presents unique challenges due to their diverse characteristics and market dynamics. USPAP does not require use of the specific term “personal inspection”. Answer: No.

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NAR Member Survey on Appraisal Data Collectors

Appraisal Today

I am working on an article on Hybrid Appraisals for the November issue of Appraisal Today. To me, the big issue is who is doing the inspections. Only appraisers do the appraisals. They included appraisers, real estate agents, and someone with a week, a month, or online video training. Read the full report.

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Mortgage Term Glossary

Assurance Financial

If you plan to buy a home or refinance an existing mortgage, you’ll likely encounter mortgage loan terms and definitions that may be unfamiliar — especially if you’re buying a house for the first time. Use the home loan glossary below to get familiar with terms and definitions that might be new to you. Home Inspection.

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Appraising Solar Panels

Appraisal Today

First: How do appraisers value any amenity of a property? Appraisal 101 would suggest the matched pairs analysis. So our first task is to find a property with solar panels that’s similar to the subject. Taking a webinar or class from him is definitely worth the price. He knew everything! Listed for a whopping $68.8

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Fannie Mae Takes A Closer Look at Appraisals

Appraisal Today

Failures to personally inspect and photograph comparables. So, it’s pretty safe to state that the “appraiser shortage” of yesteryear is over, and reviewers now have more time on their hands. Excerpts: Disciplinary complaints against appraisers are becoming more and more common. This is definitely not a repeat of 2008. ==.