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Tools To Support Appraisal Adjustments

Appraisal Today

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. baths, 2,396 sq.ft., 3,000 sq.ft.

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Appraiser Has Very Big Problems With Borrower

Appraisal Today

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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How To Appraise Rural Properties

Appraisal Today

It is presented as part of the GSEs “Appraisal Modernization” initiative, which aims to streamline the mortgage appraisal process. These modern labels are often heralded as a cure-all for the perceived inefficiencies and biases of traditional mortgage appraisal processes. percent from 7.02 percent from 7.21

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What Appraisers Wish Real Estate Agents Understood

Appraisal Today

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 6.39 percent from 6.18

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USPAP Myths for Appraisers

Appraisal Today

Streamline my appraisal process (10%) Plus 3 more To read more, Click Here My comments: Interesting stats! Elimination of Bias and Developing Cultural Competency – with Real World Relevance Required for California Appraisers Fulfills BREA’s new appraiser CE requirement for elimination of bias and cultural competency.

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Top Ten Reasons Why It Is Great to be an Appraiser!

Appraisal Today

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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NAR Member Survey on Appraisal Data Collectors

Appraisal Today

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. The average contract interest rate for 15-year fixed-rate mortgages decreased to 6.62