Appraisal Today

OCTOBER 20, 2023

Fannie Mae Filed a Complaint Against Me October 18, 2023 Excerpts: In June of 2021, I completed an appraisal for a conventional purchase. The appraisal was ordered by an AMC on behalf of a lender. The AMC stated that the lender indicated the appraisal received a high risk score by Fannie Mae. The post is long.

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Cleveland Appraisal Blog

OCTOBER 29, 2021

If you’re reading through an appraisal report, and you make it to the Cost Approach, which is where appraisers report either the reproduction or replacement cost of the home they are appraising, you will see a little field that says, “ Remaining Economic Life “ What does this number indicate?

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Appraisal Today

JUNE 23, 2023

This Is Where Appraisal Liability Risks Lie (Plus Tips on How to Avoid Them) By: McKissock Excerpts: While it’s difficult for a litigant to win a judgment against an appraiser, that doesn’t spare appraisers the inconvenience of being sued, which can be costly, time-consuming, and harmful to one’s reputation even if the suit fails.

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Appraisal Today

MARCH 22, 2024

Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! Classically designed to show a high degree of architectural integrity and balance. And some tips on how to keep your appraisal credentials safe.

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McKissock

NOVEMBER 12, 2021

Interested in pursuing an appraisal career or advancing your career in the appraisal profession? Education plays a crucial role along the road to becoming a licensed appraiser and beyond. McKissock is proud to be a leader in education for real estate appraisers. What role will appraisal education play in your career?

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McKissock

JULY 16, 2021

Are you about to take your appraisal licensing and certification exam and have knots in your stomach? Then you’re in luck, because our Pro-Series webinar, “Proven Test Taking Tips for Your Real Estate Appraiser Exam,” is back by popular demand!

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McKissock

NOVEMBER 19, 2021

There are many opportunities for new real estate appraisers entering the profession today. The Bureau of Labor Statistics projects that job growth for appraisers between 2019–2029 will be 3%, which is on pace for all occupations. What’s it like to be an appraiser? Free Download: Is an appraisal career right for you?

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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.

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McKissock

DECEMBER 29, 2020

McKissock Learning is excited to announce that we’ll be hosting a three-part series of “Appraisal Math” webinars, presented by Dr. Sam Martin. Get the tips and tactics you need to feel confident about appraisal math without having a degree in mathematics. Part 2: The Income Approach (Wednesday, February 10, 2021)*.

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DataMaster

FEBRUARY 3, 2021

Is it time to overhaul the appraisal process? By now, most appraisers have read the Request for Information (RFI) published by the Federal Housing Finance Agency (FHFA) on December 28, 2020. ” This RFI is your chance to impact the direction that the inevitable appraisal overhaul will go. Appraisal Modernization.

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McKissock

MARCH 24, 2023

RemoteVal™ is the industry’s first appraiser-driven remote inspection tool. It is designed to keep appraisers in control of a virtual property inspection through advanced remote video technology. Who developed this technology? Sign up now.

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Appraisal Today

JULY 14, 2023

Recent Appraisal Buzz survey Measuring tape – over half Laser – less than half Guesstimate – a few, but way too many! Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! Phone app. –

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Appraisal Today

MAY 19, 2023

Chat GPT For Fannie Form Appraisal Reports By Dustin Harris Excerpts: The world of real estate appraisal is constantly evolving (much to our dismay sometimes), and as professionals in this field, it is crucial to stay ahead of the curve by embracing innovative tools and technologies. The answer is, Yes!

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Clear Capital

DECEMBER 15, 2021

New technology furthers Clear Capital’s efforts to modernize the appraisal process. The technology was developed by Clear Capital’s data science team to further streamline the appraisal process and equip lenders with technology that powers low-risk, high-quality decisions.

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Appraisal Today

AUGUST 19, 2022

What to Do When Your Appraisal Is Under Review. The number one mistake is that the appraiser did not include the lender’s specific report requirements,” Nakashima confirms. My comments : Worth reading if you do lender appraisals. Some good tips for reviewing your non-lender appraisals. Review appraiser liability.

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McKissock

DECEMBER 9, 2022

Interested in appraising green homes? If you want to become a specialist in this growing appraisal niche, an important step is to make sure you understand the prevalence of green homes in the global and local real estate markets. Download this free ebook to learn the ins and outs of green home appraising. Green Building Council.

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Appraisal Today

MAY 10, 2024

Appraisersblogs with Dave Towne’s opinions plus many appraiser comments. VA’s Tidewater Initiative written in 2021 by McKissock (Similar idea as current ROV changes), effective in 2003. For appraisers, Section II.D.2. of the Handbook creates new general requirements for appraisers. For appraisers, Section II.D.2.

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Housing Wire

AUGUST 2, 2021

The 2021 Women of Influence winners represent 100 of the most influential women in leadership in the housing economy. More than just breaking records in the housing finance space, the HousingWire 2021 Women of Influence are shattering glass ceilings and leaving a legacy for years to come. Head of Product and Design. Briana Ings.

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Clear Capital

FEBRUARY 17, 2022

February 16, 2021 —. In support of its goal to accelerate the digital appraisal movement and improve the collateral valuation experience through thoughtful innovation, Clear Capital® has announced two senior executive personnel moves focused on product delivery. Mei will be a great addition to our diverse and growing leadership team.”

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The Robert Weiler Company

MARCH 15, 2021

Today, it is in the aforementioned neighborhoods that a special purpose property – buildings designed for one specific use – are being repurposed for new ventures. And, it is a major development that the Columbus region should celebrate. And, they too, face a variety of challenges unique to their designation. What Is It Anyway?

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Appraisal Today

APRIL 12, 2024

Desktop Appraisals: Who, When, and Why Excerpts: The ability to identify property characteristics without a personal inspection is not a new concept. Similarly, while not identical, appraisers generally use the cited sources above to identify the physical characteristics of comparable sales in their appraisals.

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Appraisal Today

NOVEMBER 3, 2023

How do the USPAP revisions to the Nondiscrimination section affect appraisers? Appraisers were also always prohibited from performing assignments with bias. 2024 USPAP for Appraisers Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!!

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Appraisal Today

FEBRUARY 23, 2024

I find myself scouring 2021 onward especially. The truth is there are portions of 2021 and 2022 where prices are exactly the same as today too, so if I use an older comp, I don’t always need to adjust for the way the market has changed. I appraise a lot of 2-4 units and regularly go to other neighborhoods for comps. Not for me!

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The Robert Weiler Company

NOVEMBER 9, 2022

As a full-service commercial real estate and appraisal firm with 85 years of experience, we’re here to help you achieve your goals. Hundreds of international companies call Columbus their home, including Battelle Memorial Institute, the world’s largest private research and development foundation. It’s what we do! Express, Inc.,

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Appraisal Today

SEPTEMBER 8, 2023

Problems When Appraising Airbnb & VRBO Properties by Richard Hagar, SRA Excerpts: Residential appraisers are being asked to appraise these properties, along with their elevated income, as “typical” residential properties. He is one of my go-to appraisers for these types of issues. He is an excellent teacher.

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Lamacchia Realty

AUGUST 12, 2021

Once a scope of work is put in place, the buyer will draw up contractor estimations and submit these to the lender’s appraiser. The appraiser will then use this information for an estimate for the after-repair value of the property to determine how much the loan will be. February 4, 2021. Home Renovations in 2021.

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Appraisal Today

JANUARY 4, 2023

Appraisers Share Their Top Professional Goals for 2023. Earn a designation or certification (16%). I would like to turn over my appraisal business to my daughter, who is certified.”. After 23 years in appraising, which was very beneficial for me and my customers, I’m preparing for retirement.”. Appraisal Business Tips .

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Lamacchia Realty

OCTOBER 6, 2021

The Department of Housing and Urban Development (HUD) states that home appraisers should examine the electrical box to ensure there are no broken or frayed wires. Modern households use much higher loads of electricity than the wiring was originally designed for- the standard is now 60 amps. April 8, 2021. April 8, 2021.

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The Robert Weiler Company

NOVEMBER 9, 2021

The team at The Robert Weiler Company surveyed our brokers, developers, and appraisers to capture these cool, yet handy gift ideas for any real estate investor. The Panda Venture Planner was specifically designed for entrepreneurs and would make for a perfect gift for property investors ($14). Iron Flask Store Water Bottle.

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Appraisal Today

DECEMBER 16, 2022

Excerpts: The Collateral Risk Network (CRN) met in Sarasota on December 6th to discuss a variety of issues ranging from appraisal turn times to Fannie Mae’s economic outlook for 2023. Appraisers were encouraged to provide convenience as one aspect of quality. It was “closed” to appraisers for a while but is open now.

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Housing Wire

FEBRUARY 23, 2022

The Consumer Financial Protection Bureau (CFPB) announced Wednesday that it may propose a rule to regulate the use of automated valuation models (AVMs) by lenders and appraisers. The government watchdog is concerned that automated valuation models may reflect bias in design and function. CFPB Director Rohit Chopra disagrees. “It

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Appraisal Today

SEPTEMBER 2, 2022

How to Handle Appraisal Pressure and Stay Ethical? Excerpts: There’s no simple and easy way to deal with appraisal pressure. A major source of frustration for appraisers is the realization that clients do not have to follow USPAP. The ethical and performance requirements of USPAP apply only to appraisers, not to clients.

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Appraisal Today

AUGUST 12, 2022

Appraisers: How to spend less time on Email. Excerpts: Many appraisers report that they’d like to spend less time on email. Only check email twice a day, at designated times. This blog post is the best I have ever read, as it is specifically for practicing appraisers. Appraisal Business Tips . 29 Beds | 18.5

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Appraisal Today

NOVEMBER 20, 2022

Sins of the Past Are Back to Haunt Appraisers. Fannie Mae Takes A Closer Look at Appraisals. Excerpts: In the recent past, when appraisers were swamped. Even with the Collateral Underwriter program review, appraisers were overwhelmed. Tier 1 appraisers have little to fear but tier 2 and 3 appraisers….

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Housing Wire

NOVEMBER 21, 2022

The COVID-19 pandemic brought interest rates to record lows and spurred a $4 trillion purchase and refinance mortgage boom in 2021. CoreLogic is proud to sponsor Convergence and lead the development of a novel solution to this thorny supply challenge. The housing industry is at an unprecedented moment in time. and Columbus, Ohio.

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Housing Wire

DECEMBER 23, 2021

The information they gathered from taking pictures of buildings and developing relationships with commercial real estate agents led to a role in facilitating transactions, Florance said. commercial brokerages, JLL , CBRE , and Cushman Wakefield plotted designing an alternative database to CoStar. and then across the country.

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The Robert Weiler Company

JULY 6, 2021

Research : Also coined in the industry as “flex,” flex space is utilized for research and development to design new products. Just as there are two sides of a spectrum in residential real estate with new development and house flippers, characteristic types exist similarly in industrial space for rent.

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