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Opinion: The path to modernizing the appraisal process

Housing Wire

The movement to embrace appraisal modernization techniques also holds the promise of removing the potential for racial bias, better supporting efforts to remove valuation gaps that persist in minority neighborhoods. of the properties in Black neighborhoods receive appraisal values lower than the contract price versus 7.4%

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A View on Risk: Desktop Appraisals

Appraisal Buzz

We live in a world that is transitioning from the Information Age to the Digital Age. The markets perceived no additional risk in transactions where the appraiser signing off on the valuation of the collateral being utilized for a credit decision did not physically inspect the property. Catalysts of change. Appraiser-specific risks.

Appraisal 435
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Opinion: The pros and cons of VA modernization bill

Housing Wire

When it comes to offering an opinion of ‘good or bad’ on HR 7735 — the VA modernization bill — and its ultimate ability to create a better appraisal process for veteran and active duty borrowers, it’s simply too early to tell with too little information being shared on exactly what changes we should expect.

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What’s New in Appraisal Membership: June 2021

McKissock

Plus, we’re adding to our library each month so that you get the most current and relevant information to grow your real estate appraisal career. Job aid: Big Box Retail Valuations. Job aid: How to Respond to a Reconsideration of Value Request. Do you already have an Unlimited Learning Membership ?

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Why Appraisal Workfiles Are Important

Appraisal Today

Particularly when speaking about the workfile, for my money, the most dangerous words in USPAP are “or references to the location(s) of such other data, information, and documentation.” And sometimes, that one crucial piece of information isn’t there anymore when you need it. Lanham, 20/20 Valuations, and loanDepot.com, U.S.

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How to Find Comps With Few Sales

Appraisal Today

Resembling a modern French Chteau, it features a freshwater lake, manicured gardens, and three levels of luxurious living spaces. To read more about the 4 ways, plus information on why I take ads, etc. Also, I am very good at collecting and analyzing various pieces of information to come to a conclusion.