Housing Wire
MAY 23, 2022
A piece of legislation introduced in the Senate in mid-May could streamline the appraisal process for VA loans. The legislation would modernize the Department of Veteran Affairs ‘ appraisal requirements by allowing desktop appraisals, and in some circumstances, waving appraisals all together.
Miller Samuel
APRIL 27, 2019
Back on April 19th , I wrote about the New York AMC law in my Housing Notes newsletter. After years of AMCs chipping away at the public trust, the New York AMC law was designed to protect the consumer. Here is the NYS "AMC Law" as a PDF or in plain text on the landing page of the law. No, it isn't.
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DataMaster
FEBRUARY 3, 2021
Replacing the old process with the new! Is it time to overhaul the appraisal process? By now, most appraisers have read the Request for Information (RFI) published by the Federal Housing Finance Agency (FHFA) on December 28, 2020. Appraisal Modernization. Many appraisers share Horn’s concerns.
Raleigh Realty
FEBRUARY 19, 2022
Appraisals 101: What to Expect From the Home Appraisal Process Wondering what to expect from your home appraisal? Now it's time for the home appraisal. The home appraisal is something you can negotiate prior to going under contract as well, or even while under contract. This process is heavily regulated.
Housing Wire
JUNE 9, 2023
The guidance, to be published in the Federal Register with a 60-day public comment period thereafter, “shows how ROVs intersect with appraisal independence requirements and compliance with applicable laws and regulations,” according to the announcement.
Birmingham Appraisal
JULY 12, 2023
How Agents Can Use The Law of Diminishing Return When Pricing a Listing As a real estate appraiser with over 30 years of experience, I have witnessed firsthand the critical role that accurate pricing plays in the success of real estate transactions.
National Association of Realtors
FEBRUARY 7, 2023
Real estate transactions rely on an objective appraisal to determine a home’s market value, but evidence suggests there’s potential for racial bias in the appraisal process.
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