McKissock
JULY 20, 2021
No matter how the appraisal inspection appears to the uninitiated, it is not the equivalent of a home inspection. An appraiser is required to observe the subject property and the surrounding area for certain factors which affect the subject property. Can an appraisal inspection substitute a home inspection?
Appraisal Today
DECEMBER 8, 2023
The process took several years of securing building permits, and the house was completed in 2015. Because of local building regulations, reconstructing a property identical to this one would not only be expensive but nearly impossible. ”… Question 2: does the lending industry owe the appraiser a living?
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McKissock
JULY 28, 2020
Specialization in this type of assignment can be very profitable for the residential appraiser. Tract housing in suburban areas is typically where AVMs shine, and there are properties or circumstances in these markets in which lenders will utilize AVM type tools to make lending decisions rather than rely on a traditional appraisal.
Housing Wire
FEBRUARY 7, 2022
A spokesperson for HUD said the agency could not discuss investigations or strategy of fair lending enforcement, but said that fair lending is a priority of the Biden-Harris Administration and HUD. In August, HUD Secretary Marcia Fudge signed an agreement with the Federal Housing Finance Agency to strengthen fair lending enforcement.
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