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. After all, it is a detailed activity that can look different depending on the scope and nature of your property. Question 1: What is a commercial real estate appraisal?

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McKissock

AUGUST 21, 2020

It’s also a good idea to review the appraisal reporting requirements. USPAP STANDARD 2 clearly states the minimum content requirements for reporting a real property appraisal. This is assuming that a restricted disclosure of the appraisal process (i.e., The steps taken in the appraisal process.

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McKissock

MAY 18, 2021

Failure to disclose significant real property appraisal assistance is a common violation. It often results in a disciplinary case being opened up against the signing appraiser for failure to disclose real property appraisal assistance. forecasting income and expenses.”.

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McKissock

APRIL 6, 2021

Blog post: 7 Best Time-Saving Hacks for Appraisers. If you operate as an independent real estate appraiser, you know that time is money. Are you looking for new ways to increase your efficiency as a property appraiser? Blog post: 6 Appraisal Software Tools to Streamline Your Process.

Business 54

Business Appraisal Tools Technology 54

McKissock

JULY 20, 2021

The root of many misconceptions about the appraisal inspection is the word “inspection” itself. No matter how the appraisal inspection appears to the uninitiated, it is not the equivalent of a home inspection. Appraisers perform similar inspections, to one degree or another, in most appraisal assignments.

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Appraisal Today

MARCH 15, 2024

Defining rural properties – USDA and GSEs Challenges of appraising rural properties Appraising rural properties presents unique challenges due to their diverse characteristics and market dynamics. Click the listing links in the description for each home to read more and see lots more.

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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 Training Inspection Real Estate 86

AmeriMac

JULY 25, 2022

This is why home appraisals are advised to ensure property costing is as fair as possible. This article discusses what an appraisal requires, why it needs to be reviewed and the methods involved in arriving at both conclusions. What Is an Appraisal? What Is Appraisal Review?

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McKissock

MAY 14, 2023

Report writing is an essential step in the appraisal process. Want a quick breakdown of everything that belongs in a narrative appraisal report? for mortgage financing purposes or tax assessment appeal purposes) Identification/brief description of the property appraised Real property interest appraised (e.g.,

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Appraisal Today

DECEMBER 2, 2022

Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. Completing Evaluations in compliance with the Interagency Appraisal and Evaluation Guidelines.

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The Robert Weiler Company

SEPTEMBER 16, 2021

The question is, how exactly is property value determined? And how does the real estate appraisal process work? The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed.

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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 Contracts Sellers Business 52

McKissock

DECEMBER 28, 2021

Traut notes that the Federal Housing Finance Agency (FHFA) announced in late October 2021 at the Mortgage Banker Association’s annual conference that banks and mortgage lenders will be able to use desktop appraisals in place of traditional appraisals for qualifying Fannie Mae or Freddie Mac backed mortgages.

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Appraisal Reconsideration of Value Real Estate Property Appraisal 96

McKissock

JANUARY 3, 2023

There are other factors that are normally adjusted for in single-unit appraisals which may be of little or no consideration in appraisals of 2-4 unit properties, unless those factors impact the amount of rent a tenant would be willing to pay, or the investor’s bottom line. How to begin when appraising small income properties.

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Appraisal Tenants Investors Investing 89

McKissock

DECEMBER 3, 2021

According to the White House, the PAVE task force will issue a final action report in early 2022 that “proposes a set of policy recommendations and consumer-facing actions that participants can take to advance racial equity in the appraisal process.”

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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.

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Housing Wire

MAY 27, 2022

In March, the Biden administration announced a multi-step plan to advance equity in the appraisal process. This article was first featured in the May HousingWire Magazine issue. Thankfully, this topic has been getting the attention it deserves from industry leaders, regulators and the current administration.

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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. Use the following guide to help you identify a single-family with ADU vs. two-family property. 3rd, “Appraising Accessory Dwelling Units Simplified.”

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Legal Architecture Appraisal Design 71

Clear Capital

JANUARY 5, 2023

This article originally appeared in Scotsman Guide. For the past few years — and amid movements around social injustice — conversations on the issue of bias in the appraisal process have been increasingly taking the spotlight as more homeowners stand up to tell their stories. of all property appraisers and assessors were white.

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