Appraisal Today

JULY 28, 2023

Keeping Appraisers out of Language Purgatory Appraisers: Be Careful with Your Words! by Dave Towne Excerpts: Appraisers, on July 17, 2023, a document from Freddie Mac was circulated to numerous appraisers around the US which identified certain words and other info that can be considered to be ‘BIASED’ in appraisal reports.

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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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Sacramento Appraisal Blog

APRIL 18, 2022

Think Like an Appraiser Class: I’m teaching my favorite class on April 28 from 9am-12pm. I’m talking where walls range anywhere from eight feet to twelve feet wide at their maximum. Well, let’s talk about a super thin unit that sold recently in Sacramento. We’ll […].

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Appraisal Today

MAY 19, 2023

Chat GPT For Fannie Form Appraisal Reports By Dustin Harris Excerpts: The world of real estate appraisal is constantly evolving (much to our dismay sometimes), and as professionals in this field, it is crucial to stay ahead of the curve by embracing innovative tools and technologies. The answer is, Yes!

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Appraisal Buzz

SEPTEMBER 5, 2022

This is part three of a three part series on appraisal review – Read parts one and two. When interacting with executive managers, I am often posed with the following question “How do you know when you are looking at a “good” appraisal?” The Recent History of Appraisal Revisions. Complexity in Process and Properties.

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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 Buzz

JULY 12, 2021

We sat down with Greg Stephens, coordinator of this webinar with Metro-West Appraisal Company, to learn more about this free upcoming webinar. Since 1987 I have been teaching appraisal-related courses through my seminar company, Appraisal Seminars. Can’t make that time for the webinar?

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Assurance Financial

APRIL 18, 2022

Some reasons to renovate your home include: Update the design: Although some designs have more staying power than others, a home can start to look dated if its finishes and fixtures aren’t refreshed from time to time. Remodeling your home can give it a new lease on life and make it look more modern. Construction Loan.

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Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. For many years I appraised in the nearby city of Berkeley, CA. Worth reading. A good summary. No effect on value.

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Appraisal Today

FEBRUARY 23, 2024

I quit making dollar adjustments on form appraisals many years ago, but I always do market conditions adjustments when needed. I appraise a lot of 2-4 units and regularly go to other neighborhoods for comps. I do a lot of estate appraisals, which are not current value. Isn’t appraising boring? Excerpts: 8 bedrooms, 7.5+

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Rowe Appraisal Group

MAY 6, 2020

Real estate agents and appraisers alike often struggle to define the architectural style for unusual or unique properties. But what do you do when you have a more recently constructed property? Something funky, modern-looking or new could fall under that category. Really, I’m asking. Feel free to comment below!

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Rowe Appraisal Group

MAY 6, 2020

Real estate agents and appraisers alike often struggle to define the architectural style for unusual or unique properties. But what do you do when you have a more recently constructed property? Something funky, modern-looking or new could fall under that category. Really, I’m asking. Feel free to comment below!

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Property Metrics

MAY 28, 2021

In other words, a property could become functionally obsolete when its design, style, amenities, or technology no longer meet the needs and/or expectations of modern tenants. Modern tenants require high speed internet connections, strong cellular reception, advanced security features, and modern audio/video capabilities.

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Appraisal Today

SEPTEMBER 8, 2023

Problems When Appraising Airbnb & VRBO Properties by Richard Hagar, SRA Excerpts: Residential appraisers are being asked to appraise these properties, along with their elevated income, as “typical” residential properties. He is one of my go-to appraisers for these types of issues. He is an excellent teacher.

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Empire Appraisal Group

FEBRUARY 15, 2024

Real Estate and Design Trends to Watch in 2024 Design & Architecture , Design Trends By: Barbara Ballinger Source: [link] From ecosystem conservation to “new” darker neutrals in exterior paint, we look at the trends set to take hold in the industry this year.

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Appraisal Today

NOVEMBER 17, 2023

4 Myths About Property Data Collection By McKissock Excerpts: Myth #1: PDC is the same thing as property appraisal As a professional appraiser, you know very well that what a property data collector does is not the same as what you do — even if your clients don’t always understand the difference. Trainees can do them.

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Appraisal Today

OCTOBER 13, 2023

How to Level Up as an Appraiser By Conrad Meertins Jr. 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? For example, you understand that you do not need a form to produce an appraisal. Are your legs shaking?

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Houston Properties

JULY 19, 2022

However, newer properties such as modern townhomes and Victorian mansions sit well with Sandalwood’s peaceful atmosphere. Despite its distance from inner Houston, all the amenities and modern comforts of city living are present in Sandalwood. Sandalwood Real Estate Information. "The "The Houston Properties Team is fantastic!!!

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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 21, 2022

Appraisers and Local Market Analysis. As an appraiser, it is super important to understand how to gather and analyze relative data. See if there are data types and graphs you can use in your appraisals. Appraisers have the most valuable data and analyses in a changing market: listings, pendings, price changes, etc.

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Housing Wire

APRIL 21, 2022

To Ballard, 3D printing technology is evolving to solve a crisis in modern day America and the world: The failure to meet people’s demand for housing. A former Texas A&M cross country and track athlete and Episcopalian minister, Ballard in 2011 co-founded TreeHouse , a retailer to sell environmentally friendly home construction materials.

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Appraisal Today

JULY 29, 2022

More Terrible Real Estate Agent Photos for Appraisers. Appraising Weird Stuff is Challenging! Appraisal Business Tips . Humor for Appraisers. Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! New in the August 2022 Issue of Appraisal Today.

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Appraisal Today

NOVEMBER 20, 2022

Sins of the Past Are Back to Haunt Appraisers. Fannie Mae Takes A Closer Look at Appraisals. Excerpts: In the recent past, when appraisers were swamped. Even with the Collateral Underwriter program review, appraisers were overwhelmed. Tier 1 appraisers have little to fear but tier 2 and 3 appraisers….

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Appraisal Today

SEPTEMBER 17, 2022

Appraisers: What should you have in your car? Mace or pepper spray: To defend yourself, especially if you’re appraising REO and foreclosure properties. This was originally posted on McKissock’s Appraisal Blog, but that link was not working. Appraisers – The Past and The Future. Appraisal Business Tips .

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Chicagoland Appraisal Blog

APRIL 3, 2020

To help you overcome these challenges, HomeLight spoke with one of the most successful real estate agents in the Chicago metro area, one of the city’s leading home appraisers, and a professional Chicago landscaper. According to Chicago-based designer and builder Sebring , quartz is still the top choice, followed by granite and marble.

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Appraisal Today

NOVEMBER 10, 2023

More Objective Appraisals: A Practical Guide for Appraisers By Scott Reuter Single-Family Chief Appraisal Officer, Freddie Mac Excerpts: Changing the Mindset – Facts First What’s the number one thing appraisers should be doing when they develop an appraisal? Originally constructed in 1973, an 1100 ht.sq.ft.

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Appraisal Today

MAY 26, 2023

MPR Repairs: Guidance for FHA Appraisers By: McKissock Excerpts: If you are appraising a property that needs some cosmetic repairs but meets FHA minimum property requirements (MPR) in its current condition, you should make the appraisal “as-is.” Conservation easement appraisals are a definite risk for appraisers.

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Appraisal Today

DECEMBER 23, 2022

Excerpts: The property to be appraised is atypical. Some of the key physical features that can make an appraisal assignment complex include: The form of ownership is atypical. In this case, circumstances involving ownership are uncommon or make the appraisal more complex. Appraisal Business Tips . Humor for Appraisers.

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The Robert Weiler Company

JULY 6, 2021

With the emergence of factories, production efficiency, and mass manufacturing, industrial space for rent became the backbone that supports today’s modern cities. Amazon is the iconic frontrunner when it comes to the future of modern distribution and smart warehouses. They include showrooms, laboratories, and office space.

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Appraisal Today

MAY 27, 2022

6 Tips for Appraising New Construction Homes. Excerpts: New construction is treated a little differently by lenders, FHA, and the GSEs. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. Appraisal Business Tips .

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Appraisal Today

JANUARY 26, 2024

New USPAP Q&As January 16, 2024, the Appraisal Standards Board released new Questions and Answers covering important topics in the profession today including: Demographics Does demographic information relating to race (such as Census data) constitute “information relating to” a protected characteristic? Few lender appraisers survived.

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McKissock

NOVEMBER 24, 2022

Here at McKissock, our Unlimited Learning Members enjoy 24/7 access to a wide variety of online resources for real estate appraisers. These include top-rated appraisal job aids, checklists, classes, webinars, and more. This infographic showcases the 10 most common ceiling types found in historic and modern homes.

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McKissock

JULY 30, 2021

McKissock’s Unlimited Learning Members enjoy 24/7 access to a wide array of online appraisal classes, webinars, videos, podcasts, checklists, job aids, and other resources. Plus, we’re adding to our library each month so that you get the most current and relevant information to grow your real estate appraisal career.

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Will Springer Realtor

OCTOBER 11, 2022

There is nothing like a win-win, clearing available inventory while opening new doors for people in the market for a new-construction home. This includes an appraisal contingency to virtually guarantee the purchase is at market value. May I suggest this newly constructed 6-bed, 4.75-bath Take this grand, 8-bedroom, 5.25-bath

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The Robert Weiler Company

NOVEMBER 10, 2021

Not only that, but you want those transit links to be modern, well funded, and in high use. That’s because it’s a design most adaptable to various uses and future expansion as business needs evolve. new construction pipeline of nearby buildings. Otherwise, the proximity to these transit connections would be useless.

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The Robert Weiler Company

NOVEMBER 16, 2022

But proximity to a new Intel Corporation fabrication plant whose construction might one day ease future global chip shortages might be another reason to love our region. It’s predicted to generate 3,000 jobs with high-wage salaries, 7,000 construction jobs, and more than 10,000 indirect jobs. Similar terms include “Silicon Prairie.”

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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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