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No Time Adjustments!?

George Dell

The FHFA blog post of 1/16/2024 defines “underappraisals” as those loan appraisals which come in below the contract price. Appraisal time adjustments are also labeled as “market conditions” adjustments. Or, more recently in Evidence Based Valuation, “Market Price Indexing (MPI)©”.

Contracts 338
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Get more real estate buyer leads in 2024

Housing Wire

It should be visually appealing, user-friendly and full of helpful content, including listings, blogs and market insights. More tools to help agents get more real estate buyer leads in 2024 Use this tool: Coffee & Contracts Coffee & Contracts is like a social media toolkit for real estate agents.

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New 2024 USPAP Q&As

Appraisal Today

New USPAP Q&As January 16, 2024, the Appraisal Standards Board released new Questions and Answers covering important topics in the profession today including: Demographics Does demographic information relating to race (such as Census data) constitute “information relating to” a protected characteristic? baths, 16,225 sq.ft.,

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2024 Updated UAD and URAR – What does It Mean for You?

Appraisal Today

2024 Updated UAD and URAR – What does It Mean for You? The Appraisal World Is Changing January 25, 2024 Excerpts: There has been a lot of talk about the Uniform Appraisal Dataset (UAD) and Uniform Residential Appraisal Report (URAR) redesign initiative, and how it will make life easier for appraisers. What exactly does this mean?

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The spring housing market is waking up & random stats

Sacramento Appraisal Blog

UPCOMING (PUBLIC) SPEAKING GIGS: 01/31/24 Joel Wright & Mike Gobbi Event 9am (on Zoom here) 02/01/24 Gateway Event (private) 2/09/24 PCAR WCR Event […] The post The spring housing market is waking up & random stats first appeared on Sacramento Appraisal Blog.

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2024 USPAP For Appraisers

Appraisal Today

2024 USPAP Source: Appraisal Foundation The 2024 Uniform Standards of Professional Appraisal Practice is now available for purchase in physical and digital formats. To read the full letter, click here My comments: USPAP 2024 is effective January 1, 2024. Also, there is no ending date for the 2024 version.

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2024 USPAP Changes Clarify Nondiscrimination

Appraisal Today

Advisory Opinions For 2024, the ASB has retired Advisory Opinion 16 (AO-16) and replaced it with two new Advisory Opinions, AO-39 and AO-40. These requirements are carried forward in the 2024 edition of USPAP. To read more, click here My comments: Be sure to read this blog post. USPAP 2024 is effective January 1, 2024.