Appraisal Buzz

DECEMBER 15, 2021

CAS is Fannie Mae’s benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business. The post Fannie Mae Values $909 Million CAS REMIC Deal appeared first on Appraisal Buzz.

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Appraisal Today

JUNE 23, 2023

This Is Where Appraisal Liability Risks Lie (Plus Tips on How to Avoid Them) By: McKissock Excerpts: While it’s difficult for a litigant to win a judgment against an appraiser, that doesn’t spare appraisers the inconvenience of being sued, which can be costly, time-consuming, and harmful to one’s reputation even if the suit fails.

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Appraisal Buzz

AUGUST 2, 2022

CAS is Fannie Mae’s benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business. The post Fannie Mae Prices Latest CAS REMIC Transaction at $626 Million appeared first on Appraisal Buzz. The reference pool.

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Appraisal Buzz

JUNE 7, 2022

CAS is Fannie Mae’s benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business. The post Fannie Mae Prices Sixth CAS REMIC Transaction of 2022 at $754 Million appeared first on Appraisal Buzz.

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Appraisal Buzz

MARCH 23, 2022

CAS is Fannie Mae’s benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business. Billion appeared first on Appraisal Buzz. Fannie Mae has priced Connecticut Avenue Securities (CAS) Series 2022-R03, an approximately $1.2

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Appraisal Today

MARCH 1, 2024

Whether you’re looking to specialize in luxury home appraisals or you’re simply reading up on the latest market trends, you may want to pay attention to areas where luxury homes are in high demand. I have been thinking for a while about including appraising luxury homes, since my subscribers like to read about them.

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Appraisal Today

FEBRUARY 9, 2024

How do appraisers consider appliances? also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.” FHA Handbook 4000.1

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Appraisal Today

OCTOBER 6, 2023

2024 USPAP Source: Appraisal Foundation The 2024 Uniform Standards of Professional Appraisal Practice is now available for purchase in physical and digital formats. This year, for the first time, you can purchase just the book of USPAP standards for $35. Of course, now there is appraiser discrimination, the current hot topic.

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Appraisal Today

SEPTEMBER 15, 2023

NAR Appraiser Survey July, 2023 In July 2023, NAR Research conducted a survey of all 9,800 appraiser members and 50,000 randomly-selected residential-focused non-appraiser members. To read the report, click here My comments: Read the appraiser sections in the long report. This is up sharply from 27 percent last year.

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Appraisal Today

AUGUST 18, 2023

7 Must-Have Apps for Appraisers By: McKissock Excerpts: 1. Dragon is very well-liked among appraisal professionals, making it number one on our list of must-have apps for appraisers. Genius Scan This app gets a lot of love from appraisers. Dragon has been around a long time and is popular with commercial appraisers.

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McKissock

JULY 16, 2021

Are you about to take your appraisal licensing and certification exam and have knots in your stomach? Then you’re in luck, because our Pro-Series webinar, “Proven Test Taking Tips for Your Real Estate Appraiser Exam,” is back by popular demand!

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Housing Wire

DECEMBER 26, 2023

Visit Aceable Agent Overview To design engaging, informative online Michigan real estate license courses, AceableAgent enlisted Harvard education specialists. Final Exam: After you complete Level 19 of the prelicensing course, you will be prompted to take your closed-book course final exam. Choose from designated dates / times.

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Appraisal Today

JUNE 16, 2023

Excerpts: Following that thought process, our appraisal language has simply got to change to reflect current times. In addition, our lenders and GSE’s are implementing tools and programs to identify when “Certain prohibited, subjective or potentially biased words or phrases are included in appraisal reports.”

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Birmingham Appraisal

NOVEMBER 8, 2022

What Information Is Included In A Real Estate Appraisal Report? This is a question I often get when someone is ordering an appraisal. I perform appraisals for multiple reasons, including estate planning , probate , divorce , PMI cancellation , pre-listing , and pre-purchase. Appraisal Process.

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Housing Wire

OCTOBER 17, 2023

You can also offer downloadable lead magnets like your list of preferred appraisers, lenders, handymen or home stagers. Mobile-friendly design: Like many of us, homebuyers are constantly on the go. The goal: to stay in touch with any and all visitors to your website.

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Appraisal Today

MAY 27, 2022

6 Tips for Appraising New Construction Homes. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. Some of the best construction cost data is compiled by you as you complete new construction appraisal assignments. Humor for Appraisers.

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The Robert Weiler Company

SEPTEMBER 30, 2020

Unlike a commercial real estate appraisal review, most of the answers from “Facebook experts” are not fact-based; the responses on your social media post will range from beliefs to convictions to opinions. Fortunately, we do not conduct commercial real estate appraisals on social media! Grant Applications.

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McKissock

JANUARY 6, 2023

How about one for you and your appraisal business? Most of us are fee appraisers who work independently. Our opportunity is time—it’s time to take stock of where we are and perhaps consider diversification or an alternative appraisal career. Here are a few ideas for transforming your appraisal career in 2023.

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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. My comments: Read the appraisers’ comments.

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Appraisal Today

NOVEMBER 25, 2022

More Crazy Appraisal Stories! Excerpt: Restraining Orders & Appraisals – Never a Great Mix. The majority of my appraisal work is on divorces and estates, both of which have their fair share of crazy stories. I was appraising a home for a divorce several years ago. Many thanks to Appraisal Buzz for the image above.

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Appraisal Today

JUNE 2, 2023

Concessions, Kickbacks, and the Appraiser’s Nightmare by Richard Hagar, SRA Excerpts: What Appraisers Must Do There are many steps appraisers must follow, more than I can list here. Learn how to provide an accurate value conclusion that protects the appraiser from the potential ramifications of their bad acts.

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Cleveland Appraisal Blog

JANUARY 28, 2022

If you’re a regular reader of my blog, you know that I enjoy having guest bloggers write articles for the Cleveland Appraisal Blog. If you are trying to navigate these tricky waters, incorporating these four tips from Cleveland Appraisal Blog into your schedule can help. Enjoy their interview on the Appraisal Buzz! .

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Appraisal Today

MAY 12, 2023

Certified Appraisers vs. Unlicensed Data Collectors By Jonathan Miller (13-minute video) Here’s a great take on the difference between Certified Appraisers vs. Unlicensed Data Collectors by Leigh Brown, President of the NC Association of REALTORS. Fannie Mae has been working hard to get rid of appraisers for years.

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Appraisal Today

MAY 5, 2023

Fannie’s New Appraisal Online Formats By Brent Owen Excerpts: To Be Or Not To Be (a form), That Is The Question The first thing to notice is that the ‘form’ isn’t really a form anymore. It’s not the length of the report which is of ultimate importance, it is the time necessary to develop the appraisal that is key.

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Housing Wire

DECEMBER 7, 2023

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. Audio book, eBook, 1100+ practice questions, 24/7 on demand classes & Livestream online classes. 25 hrs livestream access. 40 hrs livestream access.

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Appraisal Today

APRIL 2, 2023

What Do Appraisers Look For in a Sales Contract? Why must an appraiser be given a copy of the sales contract? First and foremost, Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that we are to: “analyze all agreements of sale.” Answers a lot of appraiser questions.

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Appraisal Today

FEBRUARY 24, 2023

What Level Appraiser Are You? What is the mark of an appraiser who is at the top of his or her “game”? For example, are you competent to prepare an entire appraisal from start to finish? But what if the appraisal form was completely blank with no boilerplate text? A Level 1 appraiser checks boxes.

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Appraisal Today

SEPTEMBER 9, 2022

Maintain USPAP compliance – Confirm the ROV request came from your client, either directly or through the client’s AMC, acting as an agent for the client, or other party designated as an agent by the client. My comments : ROVs are a PITA for many appraisers. Greg Stephens is a very experienced appraiser and reviewer.

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McKissock

MARCH 9, 2021

Appraising specialty or niche properties—like commercial properties, luxury homes , historic homes, etc.—can With the help of our appraisal community, in the past we’ve had fun exploring questions such as, “What sports stadium would you like to appraise?” What famous literary home would you want to appraise?

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Housing Wire

MAY 6, 2024

That question would be answered succinctly when the Dodd Frank Act retooled the entire consumer regulatory structure, redrafting lending and closing documents, stiffening enforcement of laws long on the books and creating new ones, and sending participants in the real estate process into a panic trying to figure out to make it all work.

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Appraisal Today

MARCH 8, 2024

Other topics include: It’s never just about resale value 55+ communities Splitting hairs to prove an adjustment To read more, including Ryan’s many comments, fun images and graphics, his Twitter X and Instagram surveys, plus 50+ comments, Click Here My comments: This is the only analysis I have ever seen about this appraisal topic and it is great!

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DataMaster

APRIL 29, 2021

Book Recommendation – Indistractable by Nir Eyal Most appraisers are on the road a lot. It’s a book with practical tips on how to be more present. Nir is an expert in behavioral design. And more recently, he has started writing books. I understand the need to stay engaged while driving.

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DataMaster

APRIL 29, 2021

Book Recommendation – Indistractable by Nir Eyal. Most appraisers are on the road a lot. It’s a book with practical tips on how to be more present. Nir is an expert in behavioral design. And more recently, he has started writing books. I understand the need to stay engaged while driving.

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Business Design Appraisal Marketing 78

DataMaster

APRIL 29, 2021

Book Recommendation – Indistractable by Nir Eyal. Most appraisers are on the road a lot. It’s a book with practical tips on how to be more present. Nir is an expert in behavioral design. And more recently, he has started writing books. Nir Eyal – Indistractable [link]. A short background on Nir.

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Hank Miller Team

JANUARY 25, 2022

Sure the reflex text book answer is “what a buyer is willing to pay” but that’s hardly the complete picture. Appraised Value This will vary depending on the purpose of the appraisal. There are a number of reasons appraisals are completed, purchase appraisals for buyers the most common.

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The Robert Weiler Company

OCTOBER 21, 2022

Feeling a bit overwhelmed by the thought of a commercial real estate appraisal? The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. To simplify and demystify the commercial appraisal process for you, we have addressed 17 of the most important questions asked.

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Appraisal Today

MAY 10, 2024

Appraisersblogs with Dave Towne’s opinions plus many appraiser comments. Within this framework, the lender must include steps for the borrower to appeal an appraisal when they believe the value opinion: is unsupported; is deficient due to unacceptable appraisal practices; or reflects discriminatory practices.

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