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8 Common Violations Made by Appraisers

McKissock

When it comes to appraisal violations , certain minor violations are very common. I have compiled these based on many years of personal experience in appraisal regulation, as well as feedback I have received from other states’ enforcement agencies. Failure to analyze the three-year sales history of the subject property is also common.

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How Does the VA Appraisal Panel Operate?

McKissock

The VA uses state-licensed or state-certified appraisers to provide opinions of value for the homes on which it guarantees the mortgages. In order to complete a VA appraisal , you must be on the VA panel. Here’s an overview of how the VA appraisal panel operates. VA appraisal panel vs. FHA appraisal roster.

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How Are Appraisal Complaints Enforced?

McKissock

Disciplinary complaints against appraisers have become more frequent over the last several years. Of course, not all appraisal complaints result in disciplinary action. How your state handles disciplinary complaints against appraisers is undoubtedly going to be different than how my state handles them. Administrative procedures.

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Avoid Appraisal Disciplinary Action with These Do’s and Don’ts

McKissock

As a professional appraiser, you don’t want to have a disciplinary complaint filed against you, and you certainly don’t want to be the subject of a complaint that results in disciplinary action. Here are several do’s and don’ts to help you avoid situations that may get you into trouble as a real estate appraiser.

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Fannie and Freddie Release New Hybrid and Desktop Forms for Testing

McKissock

As part of their appraisal modernization efforts, Fannie Mae and Freddie Mac (the GSEs) have issued test forms for Hybrid and Desktop appraisal assignments. The forms will be made available to the major appraisal report software providers. URAR Hybrid and Desktop Appraisal Forms – Overview.

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7 best real estate schools in Illinois (IL) for 2024

Housing Wire

Covers license law, real property, agency, state & federal laws, advertising, valuation, finance, real estate calculations, contracts & more + 15-hr Applied Real Estate Principles, an interactive course Leap Learning 60-hr Online Topics Package $419 60 of required 75 hrs. Self-paced. out of 5 stars Rating: 4.5

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ANSI Square Footage Standards: What Agents and Appraisers Should Know

Empire Appraisal Group

ANSI Square Footage Standards: What Agents and Appraisers Should Know. Source: ANSI Square Footage Standards: What Agents and Appraisers Should Know | Realtor Magazine. Key takeaways: As of April 1, Fannie Mae began requiring the ANSI home measurement standard for appraisals of single-family homes. by Craig Morley.

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