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A Log Home Valuation

Appraisal Buzz

It is no secret that log homes do not appraise well. The question is raised as to what is the real problem with log home valuation and what is the problem with appraisers working in the niche log home market? Many appraisers in urban areas like Chicago believe that the log home market is irrelevant and is not worth exploring.

Valuation 396
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Appraiser Liability Risks

Appraisal Today

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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The opportunity cost of modern-day redlining

Housing Wire

Modern-day redlining persists, and it’s costing lenders millions in legal fees. Recently, the Department of Justice (DOJ) has taken a strong stance on redlining, taking direct legal action against bad actors and thrusting the topic into the national spotlight. Last October, Ameris Bank had to pay $9 million to settle a redlining case.

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The Impact of Short-Term Rentals on Real Estate Appraisal: How to Appraise Airbnb and VRBO Properties

Boston Appraisal

However, appraising these properties can be challenging, as they require a different approach than traditional residential or commercial properties. They also face legal, regulatory, tax, insurance, and maintenance issues that may affect their value and profitability.

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NEXA’s Grella sues Kortas over “secret, unauthorized” aircraft-related purchases

Housing Wire

However, during the company’s valuation process, when financial professionals reviewed its books, discoveries of aviation purchases led him to confront Kortas, resulting in his termination as president of NEXA, Grella added. According to Kortas, the buyout depends on NEXA’s appraisal.

Brokerage 327
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6 best Michigan real estate schools for 2024

Housing Wire

Final Exam: After you complete Level 19 of the prelicensing course, you will be prompted to take your closed-book course final exam. Includes 3 courses (30 credit hrs each), book, exam/scantron & unlimited retakes Online: Required 90 hrs of coursework. Includes course materials for Appraisal Concepts 1 & Broker Test Prep.

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Assignments for 4 Types of Commercial Appraisal Review Clients

McKissock

Commercial appraisal review assignments flow from different types of clients, each with their own intended use, required scope of work, and set of concerns for the reviewer to be aware. The intended use and the intended user are equally as relevant in an appraisal review assignment as they are in any appraisal assignment.

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