Boston Appraisal

OCTOBER 8, 2022

The appraiser obtains all relevant property characteristics and data such as measurements, room counts, condition, and quality, and utilizes this information in the report. This process has been the foundation of the appraisal process. What Are Hybrid Appraisals?

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McKissock

MARCH 22, 2022

Download this free ebook to learn the ins and outs of this growing appraisal niche. It is not necessary for one or more of the comparable sales to be of the same design and appeal as the property you are appraising. Special energy-saving items must be recognized in the appraisal process and noted on the appraisal report form.

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Appraisal Buzz

OCTOBER 25, 2021

It was great to be getting back to normal and to behaving as the social animals we were designed to be. The appraisal industry was front and center at this show and most of the appraisal discussion centered around three specific topics: Technology, Trainees, and Diversity. Appraisal Technology was front and center at this show.

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McKissock

OCTOBER 15, 2021

The official 2022-2023 Online Update Course for Uniform Standards of Professional Appraisal Practice (USPAP), now available online , comes with a first-of-its-kind reference manual designed to help you quickly find answers to your USPAP-related questions.

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Appraisal Today

MAY 17, 2024

71 Cobb Lane Sitting closest to the water, the 17,173-square-foot residence at 71 Cobb Lane was designed by Barnes Coy Architects. Geographic “Data” Competency refers to an appraiser’s ability to effectively understand, interpret, and utilize geographic data in the appraisal process. Not sure if you want to subscribe? .

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Tools Appraisal Renovations Design 64

Housing Wire

DECEMBER 7, 2023

Exam Prep: The Basic Prelicensing package features three e-books and a course manual designed to help you retain essential real estate concepts and prepare for the state exam. Let’s review our findings! out of 5 stars Rating: 5 out of 5. They can be reached by phone or email, Monday through Friday from 9AM to 4PM.

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Appraisal Today

JANUARY 19, 2024

Stehling designed an open layout with lots of natural light, thanks to walls of windows on all three stories of the atrium, attached to the rest of the home via a platform deck and glass-enclosed walkway. In addition, real estate appraisals must rid itself of the language and any practices that suggest bias in the appraisal process.

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Appraisal Contracts Real Estate Architecture 73

McKissock

JULY 20, 2021

The root of many misconceptions about the appraisal inspection is the word “inspection” itself. It remains to be seen whether the use of terminology other than “inspect” or “inspection” has any meaningful effect on the appraiser’s liability. Why are these roles often confused?

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Appraisal Today

APRIL 7, 2023

Communicating quickly with the lender is an issue with the appraisal process. Very good tips in the article. I don’t see much written about appraisers and emails. Carden designed and built the house beginning in 1986. To read more, click here My comments: Excellent article with good graphics. Built in 1960.

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McKissock

JANUARY 22, 2021

Take a deep dive into bifurcated appraisals with our new CE course: Best Practices for Completing Bifurcated and Hybrid Appraisals. Appraisers are regularly told by proponents of bifurcated and hybrid appraisals that the segregated work model is designed so that the signing appraiser can complete the valuation in less than 60 minutes.

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McKissock

JANUARY 8, 2021

If it appears to a VA appraiser that the appraised value of a property is going to come in below the pending sales price, the appraiser must contact the designated point of contact (POC) party that is specified in the appraisal order. How Tidewater works.

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Reconsideration of Value Appraisal Contracts Appraisal Process 59

Appraisal Today

MARCH 15, 2024

To read more and see the photos, Click Here My comment: I included some of these homes in previous email newsletters, but thought this article fit well with daylight savings time so I am including it in my blog. It is presented as part of the GSEs “Appraisal Modernization” initiative, which aims to streamline the mortgage appraisal process.

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Appraisal Inspection Modernization Business 69

Appraisal Buzz

SEPTEMBER 5, 2022

Communication took on many forms, including development of written documents stating client reporting requirements, utilizing technology platforms to increase transparency throughout the appraisal process, and developing feedback to the appraiser on appraisal submissions. Complexity in Process and Properties.

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McKissock

JANUARY 8, 2021

If it appears to a VA appraiser that the appraised value of a property is going to come in below the pending sales price, the appraiser must contact the designated point of contact (POC) party that is specified in the appraisal order. How Tidewater works.

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Reconsideration of Value Appraisal Contracts Appraisal Process 52

Appraisal Today

SEPTEMBER 22, 2023

NAR Member Survey on Data Collectors Excerpts: In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. Brokers followed with 24%, and appraisal-certified professionals comprised 14% of the respondents. Only appraisers do the appraisals. There were some fee appraisers.

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Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. She designed more than 700 buildings in California during a long and prolific career. No effect on value. I was surprised.

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The Robert Weiler Company

OCTOBER 21, 2022

The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. To simplify and demystify the commercial appraisal process for you, we have addressed 17 of the most important questions asked. For the purpose of this article, we’ll mostly stick to the word “appraisal.”.

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Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? To read more, click here My comments: This article applies the scientific method to making appraisal adjustments.

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Appraisal Today

JANUARY 20, 2023

Fee Appraisers will be gone in 5 years being relegated to measuring houses, property inspection, and basic condition reporting. The puppet masters don’t like appraisers or the appraisal process, and the AVM’s will take over and Fannie, Freddie, et al, will do to whatever lobbyists and politicians tell them to do.

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Appraisal Today

JANUARY 5, 2024

In this article, I don’t focus on losing weight, which is one of the hardest goals to achieve. Streamline my appraisal process (10%) Plus 3 more To read more, Click Here My comments: Interesting stats! This requires eating habits acquired over many years. Prior to that, I found myself driving there on the weekends mostly.”

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Appraisal Contracts Legal Business 75

Housing Wire

APRIL 27, 2021

Here it is: another article about appraisal modernization. Many are tired of hearing about how the appraisal industry needs to change and progress. The FHFA RFI responses to appraisal modernization are a treasure trove of insight into ideas and options for modernization from a wide variety of respondents.

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McKissock

JULY 28, 2022

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. The mortgage appraisal forms we use today were designed in 2005 using technology and mortgage processes in place at the time.

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Appraisal Today

APRIL 12, 2024

The best article I have read on MPCs. Why Doesn’t Anyone Want Tulsa’s Frank Lloyd Wright-Designed Home? Acre lot, Built in 1929 With a nearly half-price discount, a Frank Lloyd Wright-designed home in Tulsa, OK, is back on the market. To read more, Click Here My comment: Worth reading. There is one in my city.

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Appraisal Today

DECEMBER 30, 2022

Mike Bost, the VA will be required to: Issue certification requirements for appraisers; Execute minimum property requirements; Review the process for selecting and reviewing comparable sales; Implement quality control processes; Establish the Assisted Appraisal Processing Program; and. Has passed House and Senate.

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Appraisal Today

OCTOBER 6, 2023

As this property data collector thing moves along, there continues to be no legitimate reason for Fannie Mae’s motivation to push this so hard other than they want the valuation process fully automated and can pay $25 for an untrained inspector to view a home. It shows a fundamental lack of understanding of what appraisers do.

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Appraisal Contracts Real Estate Mortgage 77

Appraisal Today

AUGUST 13, 2023

I have not had time to use it, but have been reading and watching demos about how it can be used for appraisers for awhile. 2023 E&O Insurance Brokers Risks of Expert Work by Claudia Gaglione, Esq A long article from Claudia with 4 very good case studies. It definitely can be very useful, as Dustin explains.

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Appraisal Contracts Real Estate Agent Mortgage 75

McKissock

FEBRUARY 25, 2022

Approach to the appraisal process. Appraisal specializations. ” Related reading: 8 Characteristics of a Successful Real Estate Appraiser. Approach to the appraisal process. Very efficient throughout every process.” ” “I have been in the appraisal business for 33 years.

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Appraisal Today

DECEMBER 23, 2022

Subscribe to the monthly Appraisal Today Newsletter. Lots of details for Residential Non-Lender appraisals! To read more, plus 2+ years of previous issues, subscribe to the paid Appraisal Today. If this article helped you understand non-lender appraisals and get one more appraisal, it is worth the subscription price!

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Appraisal Today

SEPTEMBER 9, 2022

Maintain USPAP compliance – Confirm the ROV request came from your client, either directly or through the client’s AMC, acting as an agent for the client, or other party designated as an agent by the client. The appraisal should not be used for any other purpose.” He is a regular contributor to the monthly Appraisal Today.

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Reconsideration of Value Appraisal Clients Contracts 52

McKissock

OCTOBER 19, 2021

The presence of an additional living unit may complicate the appraisal process by making it difficult to know how to classify the subject property. 3rd, “Appraising Accessory Dwelling Units Simplified.” The detached unit is built to characteristically mimic the primary structure’s architectural style and design.

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Legal Architecture Appraisal Design 71

Clear Capital

JANUARY 5, 2023

This article originally appeared in Scotsman Guide. “Many news stories tend to focus on the potential for an individual appraiser delivering a too-low estimate based on factors associated with the occupants instead of the home. The task force also proposed a set of policy changes to advance racial equity in the appraisal process.

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