Development Inspection Law Property Appraisal 
McKissock
JULY 20, 2021
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.” A home inspector might estimate the cost of certain repairs, but value opinions are left to the appraiser.
Housing Wire
JUNE 14, 2022
The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. Non-traditional appraisals to the rescue. Appraisers have, in the past, fretted over liability and data reliability.
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Housing Wire
MARCH 3, 2021
Reacting to headlines pointing to racial bias in some home appraisals, the Appraisal Foundation this week said that it would require all appraisers to take a seven-hour course focused on fair housing laws and bias. Soon after, the Appraisal Foundation took control of USPAP. 31, 2022.
McKissock
DECEMBER 7, 2021
Whether you’re a new appraiser or a seasoned appraiser looking to grow your income, you probably want to know, “What appraisal competencies do I need to master in order to maximize my success?” Key appraisal competencies. Learn more in our free guide, The ROI of Professional Development for Appraisers.
Appraisal Hub
FEBRUARY 15, 2024
For commercial properties, this also involves analyzing the business environment and potential for income generation. Physical Inspection: A thorough inspection of the property to assess its condition, quality of construction, and any features that may affect its value. At Appraisal Hub Inc.,
McKissock
MAY 18, 2021
The scope of work must disclose the extent the property was inspected. USPAP states that appraisal reports for real property must contain a signed certification indicating whether the appraiser has or has not personally inspected the subject property. Property inspection disclaimer.
DataMaster
MARCH 17, 2021
With two weeks to go until the deadline for comment submissions, we urge all appraisers to make their voice heard. This Opinion addresses Fair Housing Laws: Avoiding Bias in Real Property Appraisal and Appraisal Review Development Reporting. Advisory Opinion 16.
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