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FHFA sets extensions and expirations on loan flexibilities

Housing Wire

The regulator is also advancing permanent changes to be made in the appraisal space. The government agency also said it plans to retire all temporary selling flexibilities on May 31, 2021. . According to the FHFA, hybrid appraisals would increase coverage for rural markets and high-volume areas where time becomes a greater issue.

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How To Appraise Rural Properties

Appraisal Today

How To Appraise Rural Properties Excerpts: Appraising residential properties in rural areas can be both challenging and rewarding. Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation.

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Opinion: Who decides what American neighborhoods look like?

Housing Wire

Neighborhoods are subject to the choices of developers, municipal governments and other outside groups. Minorities in real estate We need more people of color in the real estate industry who can shape where we live, work, socialize, shop and worship.

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Apps for Appraisers

Appraisal Today

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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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

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. After all, it is a detailed activity that can look different depending on the scope and nature of your property.

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How Are Appraisal Complaints Enforced?

McKissock

Disciplinary complaints against appraisers have become more frequent over the last several years. Of course, not all appraisal complaints result in disciplinary action. In many states, the same administrative procedures are used for all professions, and the disciplinary process is governed by state law.

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How to Contest a Bad Appraisal

AmeriMac

Selling or buying a house both require an appraisal to find the right cost of the property. Typically, the bank will order an independent appraisal to help ensure you loan your property’s true value. Now, if you’re refinancing your house, you’ll want the appraisal to be as high as possible.