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From Forms to Reports: A Look at the UAD Overhaul

Appraisal Buzz

By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD). These codes, or language, make sense to appraisers but confuse uninitiated readers of our reports. Really, appraisers have always thought this way.

Appraisal 397
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What Is Appraisal Review in Real Estate?

AmeriMac

Home negotiations can be deadlocked because of the valuation differences of a property by both prospects and homeowners. This is why home appraisals are advised to ensure property costing is as fair as possible. What Is an Appraisal? This is essential for clients with little to no knowledge about appraisals.

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The Importance of Appraisal Quality Control in Appraisal Management Companies

AmeriMac

Still, with appraisal being as much of an art as it is an objective science, it is also true that the same property could receive two very different valuations from different appraisers. This is why it’s so important for appraisal management companies (AMCs) to have thorough and reliable quality control protocols in place.

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The Importance of Appraisal Quality Control in Appraisal Management Companies

AmeriMac

Still, with appraisal being as much of an art as it is an objective science, it is also true that the same property could receive two very different valuations from different appraisers. This is why it’s so important for appraisal management companies (AMCs) to have thorough and reliable quality control protocols in place.

article thumbnail

The Importance of Appraisal Quality Control in Appraisal Management Companies

AmeriMac

Still, with appraisal being as much of an art as it is an objective science, it is also true that the same property could receive two very different valuations from different appraisers. This is why it’s so important for appraisal management companies (AMCs) to have thorough and reliable quality control protocols in place.