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Understanding the Role of an Appraisal Management Company

AmeriMac

Appraisal Management Companies (AMCs) play a crucial role in the real estate industry by providing independent appraisal services to lenders and other clients. While most people are familiar with the concept of an appraiser, many may not be aware of the important role that AMCs play in the appraisal process.

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Choosing the Right Appraiser: A Guide for Agents, Attorneys, Accountants, and Homeowners

Birmingham Appraisal

It’s imperative to choose an appraiser who is certified and licensed in the state they appraise in. This ensures that the appraiser has undergone rigorous training, meets the state’s education requirements, and follows ethical guidelines in their practice.

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Commercial Appraisal: Understanding the Basics

AmeriMac

Commercial Real Estate Appraisal is a crucial process that helps determine the value of commercial properties. It plays a significant role in several aspects, from buying and selling to lending purposes. Becoming a commercial appraiser requires appropriate education, training, experience, and certification.

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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.

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What’s New in Appraisal Membership: October 2020

McKissock

In this recorded webinar, presented by Certified General Appraiser Julie Molendorp, you’ll learn real-life information related to a risk management-based viewpoint of appraisal reviews for lending purposes and why your underwriters ask what they do. Proven Test Taking Tips for Your Real Estate Appraiser Exam.

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HUD settles with JPMorgan over appraisal bias case

Housing Wire

The finance giant will also begin training home lending advisors and client care specialists in the reconsideration of value process and fair lending issues related to appraisals. Appraisers must also provide three comparable sales on each listing. .

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Nothing New Under the Sun: the varied face of appraisal

Walitt Solutions

During my presentation, I reviewed with the audience a number of appraisal scenarios that have been common practice for decades – often in spaces outside of first mortgage lending. Are these “other” inspection-and-valuation processes appropriate for lending?