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.

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Assurance Financial

APRIL 29, 2021

Before you buy a home or refinance a mortgage, your property will most likely need to go through the appraisal process. During an appraisal, a professional will evaluate your home’s condition, how much similar homes have sold for recently and the overall market to determine the value of your home.

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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. Most of the inspection training we receive as appraisers happens in the field.

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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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Housing Wire

JUNE 2, 2023

The Biden administration also announced that it would expand the ability for homeowners to pursue reconsiderations of value (ROVs), saying that federal banking agencies “are in the process of issuing proposed guidance on how financial institutions may integrate ROV policies and controls into their current appraisal processes,” the White House said.

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Housing Wire

NOVEMBER 30, 2021

Regardless of the size or complexity of a system or process, it is time to look at whether the impact it has on people is equitable. And the appraisal process is no exception. of the properties in Black neighborhoods receive appraisal values lower than the contract price versus 7.4% All people.

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Boston Appraisal

JUNE 24, 2019

Green buildings are defined as properties that use renewable energy and efficient building materials in their operation, construction, and design to create positive impacts on human and environmental health. The Other Side of the Coin: The Appraisal Process Doesn’t Always Reflect the Contributed Value of Green Features.

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Realvals

JUNE 18, 2023

By getting an appraisal, you can substantiate your claims and provide evidence to support your position. It’s not uncommon for property owners, insurance companies, or tax authorities to have contrasting opinions on the value of a property. This can be valuable information to consider in your investment decisions.

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Clear Capital

APRIL 9, 2022

In late March, the Biden Administration released its Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) report. Designed to mitigate bias in the real-estate appraisal process, the report recommended a multi-pronged approach to change how homes are valued and sold in the United States.

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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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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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Clear Capital

JANUARY 5, 2023

. “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. ” These programs were designed to address an acute housing shortage by providing affordable homeownership opportunities for American families.

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