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The hybrid appraisal is here. Who benefits?

Housing Wire

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser. Made to order.

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Narrow Gauge Capital acquires Inco-Check

Housing Wire

Boston, Massachusetts-based NGC, founded in 2015, is focused on making investments in health care services, financial services technology, distribution and logistics sectors. In 2018, the firm acquired Class Appraisal, a real estate asset valuation and appraisal management solutions provider. . Berkery Noyes & Co.

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How to Become a Supervisory Appraiser

McKissock

As an experienced appraiser, there are many reasons you may decide to take on a trainee. Whatever the reason, supervisors play an essential role in the training and development of future appraisers. In this post, we outline how to become a supervisory appraiser. You might be looking to grow your business, delegate tasks (e.g.,

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Non-Arms Length Sales for Appraisers

Appraisal Today

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. For appraisals required to be Uniform Appraisal Dataset (UAD) compliant, you must indicate the type of sale for the transaction.

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The Week Ahead: Senate Turns Spotlight on CFPB

Appraisal Buzz

Chopra previously served at the CFPB from 2010-2015. According to CFPB Circular 2024-03, companies use fine print tactics to try to trick consumers into believing they have given up certain legal rights or protections. The post The Week Ahead: Senate Turns Spotlight on CFPB appeared first on Appraisal Buzz.

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OK to average adjusted comps on appraisals?

Appraisal Today

OK to average adjusted comps on appraisal? Basic Appraisal, but not all appraisers know about this, especially if they “appraise to fit the form” aka form fillers. Worth reading, plus the appraiser comments. The process took several years of securing building permits, and the house was completed in 2015.

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Appraising Factory-Built Houses

Appraisal Today

Factory-Built Houses: Types, Benefits, and Tips for Appraisers By Dan Bradley Excerpts: Factory-built houses are an important, yet often overlooked, part of the American housing market. As an appraiser, your knowledge of factory-built housing is key to a credible appraisal.