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Lines of Defense in Real Estate Collateral Risk Management

Appraisal Buzz

The first includes development and use of processes to ensure regulatory and policy requirements are being upheld by the business unit originating mortgage products. report, part of a report, or some combination of these) that was performed as part of an appraisal or appraisal review assignment.”

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Does the Home You Want To Buy Qualify for a USDA Loan? Here’s How To Tell

Realtor

This is definitely the case if you’re considering a USDA loan from the Department of Agriculture. Though the design, system, and fuel source don’t matter, the unit must provide appropriate temperature control. Operable heating and cooling: The home must have working heating and cooling systems.

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7 best real estate schools in Massachusetts for 2024

Housing Wire

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. And Exam Prep Plus includes 40 hours a month of Live Q&A with local instructors for a personal, guided approach. Classes meet 4 x per week for 2 weeks. for 2 weeks.

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4 Potential Benefits of Hybrid and Bifurcated Appraisals

McKissock

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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Appraisal Inspection Vs. Home Inspection: Your Role as an Appraiser

McKissock

The root of many misconceptions about the appraisal inspection is the word “inspection” itself. It’s somewhat of a benign definition, is it not? There’s nothing really scary there, yet many appraisers attempt to avoid confusion, and (potentially) limit their liability , by avoiding use of the word “inspection” entirely.

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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. Is it an appraisal issue?

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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.