McKissock

MARCH 24, 2022

On March 23, 2022, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released a report entitled “Action Plan to Advance Property Appraisal and Valuation Equity.” The 58-page report is available here , while an Executive Summary of the report is also available. Not to be outdone, the U.S.

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Valuation Property Appraisal Training Appraisal 91

Housing Wire

JULY 29, 2021

The Property Appraisal and Valuation Equity task force will deliver a report to Biden within six months to describe the “extent, causes, and consequences of undervaluing of properties,” a HUD official told HousingWire. How to reduce appraisal turn times and improve the borrower experience. Presented by: Voxtur.

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Appraisal Valuation Training Law 545

McKissock

DECEMBER 3, 2021

During the last several weeks, the task force has held online “listening sessions” to solicit feedback from appraisers, lenders, and other stakeholders in the residential mortgage lending industry. The task force itself does not have the authority to pass laws or promulgate regulations.

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Appraisal Process Law Property Appraisal Government 80

East Coast Appraisal

SEPTEMBER 26, 2023

The appraisal process is critical to real estate transactions. Specialization Residential and commercial property appraisals differ. For example, commercial property appraisal considers income generation, which isn't a factor for residential property appraisal.

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Real Estate Appraisal Property Appraisal Insurance 52

AmeriMac

NOVEMBER 30, 2023

It plays a significant role in several aspects, from buying and selling to lending purposes. In this blog, we will take you through everything you need about commercial real estate appraisal, from defining the term and understanding its importance to exploring the different types of commercial properties that are appraised.

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Appraisal Real Estate Appraisal Process Inspection 36

McKissock

DECEMBER 28, 2021

Traut notes that the Federal Housing Finance Agency (FHFA) announced in late October 2021 at the Mortgage Banker Association’s annual conference that banks and mortgage lenders will be able to use desktop appraisals in place of traditional appraisals for qualifying Fannie Mae or Freddie Mac backed mortgages.

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Appraisal Reconsideration of Value Real Estate Property Appraisal 96

D Fritz Appraisals

OCTOBER 22, 2019

Looking for a Home Appraisal Company in Victoria, BC? In any of these situations, a property appraisal company can help, and it will be up to you to hire the right company for the job. So, when it’s up to you, how do you know what property appraisal company to hire? Are new schools and hospitals being built nearby?

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Appraisal Property Appraisal Real Estate Appraisal Process 78

The Robert Weiler Company

OCTOBER 21, 2022

The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. After all, it is a detailed activity that can look different depending on the scope and nature of your property. Question 1: What is a commercial real estate appraisal?

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Real Estate Appraisal Property Appraisal Valuation 60

Riverfront Appraisals

JUNE 13, 2021

This post is part six of a 12-part series we’re calling The Loan Officer’s Guide to Appraisals. So far in our series, we’ve looked at final inspections, lending on unique homes, communication with the appraiser, reconsiderations of value and bracketing. […]. We’re halfway there!

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Riverfront Appraisals

APRIL 30, 2021

Right now on our Appraisal Blog, we’re all about helping Loan Officers. This post is part five of a 12-part series we’re calling The Loan Officer’s Guide to Appraisals. So far in our series, we’ve looked at final inspections, lending on unique homes, communication with the appraiser, and reconsiderations of value.

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Bracketing Reconsideration of Value Final Inspection Appraisal 78

Riverfront Appraisals

MARCH 5, 2021

In case you missed part one on the Final Inspection process, go back and read it here. And last time, we discussed all kinds of unique homes, and gave tips on how to make lending on […]. The post Loan Officer’s Guide to Appraisals Part 3: Communication With The Appraiser appeared first on Riverfront Appraisals.

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D Fritz Appraisals

AUGUST 12, 2019

Understanding the differences between an appraisal and an inspection will help you understand when you might need one or the other – or both – before you buy your first home. Let’s explore the similarities and differences between a home inspection and a home appraisal. What Is a Home Appraisal?

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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. In previous downturns, such as during the 2008 recession, there were many foreclosures due to bad lending.

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McKissock

JULY 20, 2021

The root of many misconceptions about the appraisal inspection is the word “inspection” itself. No matter how the appraisal inspection appears to the uninitiated, it is not the equivalent of a home inspection. Appraisers perform similar inspections, to one degree or another, in most appraisal assignments.

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Realvals

JUNE 18, 2023

The appraisal helps in establishing the loan-to-value (LTV) ratio. The LTV is a percentage that represents the amount of money to lend compared to the value of the home. By getting an appraisal, you can substantiate your claims and provide evidence to support your position.

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Assurance Financial

APRIL 29, 2021

Mortgage Lending Terminology . Our mortgage glossary can help you better understand the terminology you’re likely to hear or read as you go through the loan application and homebuying process. Before you buy a home or refinance a mortgage, your property will most likely need to go through the appraisal process.

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