Appraisal Buzz

JANUARY 5, 2022

The post Practicing Law as a Digital Nomad appeared first on DSNews. The post Practicing Law as a Digital Nomad appeared first on Appraisal Buzz. The global health crisis spurred the legal field to embrace digital processes out of necessity. Attorney Michelle Garcia Gilbert asks “Where do we go from here?”.

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The Appraiser Coach

MAY 9, 2023

You may be more familiar with this statement as the law of averages. Averages rule the universe. Let me give you an example as a. Read More

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Appraisal Buzz

JULY 15, 2021

The post Marinosci Law Group Promotes Two to Key Roles appeared first on DSNews. The post Marinosci Law Group Promotes Two to Key Roles appeared first on Appraisal Buzz. Default servicing firm names new President and General Counsel to further expand its footprint in 21 states nationwide.

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Appraisal Buzz

JUNE 30, 2021

Cade Holleman, Marketing Strategist for Padgett Law Group, was recognized by the Council for Inclusion in Financial Services with the Catalyst Award. The post Padgett Law Group Leader Recognized by Council for Inclusion appeared first on DSNews.

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Appraiserblogs

APRIL 19, 2023

The Fannie Mae Property Data Collectors program seems to have run afoul of West Virginia law. This program allows for the collection of data related to real estate appraisals by unlicensed third-party data collectors, which is in direct violation of article 38 of the state’s Real Estate Appraiser Licensing and Certification Act.

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Appraisal Buzz

JULY 7, 2021

The post Padgett Law Group Webinar Earns Media Award of Excellence appeared first on DSNews. The post Padgett Law Group Webinar Earns Media Award of Excellence appeared first on Appraisal Buzz. The Apex Awards is an annual competition held by Communications Concepts, which has been conducting the Awards for 33 years.

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Appraisal Buzz

FEBRUARY 28, 2022

This is the little-known Law of Amara that describes how we perceive the impact of new technology on our lives. Before we discuss the impact of technology on the future of appraisal data, it’s good to get a historical perspective. Forty years ago, appraisers were storing property data on Property Cards.

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Housing Wire

MARCH 3, 2021

Reacting to headlines pointing to racial bias in some home appraisals, the Appraisal Foundation this week said that it would require all appraisers to take a seven-hour course focused on fair housing laws and bias. The most common questions and issues were then chosen as topics for the test. 31, 2022. . 31, 2022. .”

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Appraisal Buzz

MARCH 25, 2022

Padgett Law Group (PLG) has announced the firm has received its no-objection status from Fannie Mae and Freddie Mac, clearing the final administrative task in entering the firm’s newest state of full-service creditors’ rights operations, Pennsylvania. The build-out of PLG’s Pennsylvania operations has been led by Jacqueline F. McNally, Esq.,

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Housing Wire

DECEMBER 23, 2022

The Federal Housing Finance Agency (FHFA) isn’t doing all that it can to prevent appraisal bias, according to the agency’s Office of Inspector General. It should also alert regulators and licensing authorities when it files complaints against appraisals, the OIG said. million active appraisal records to the U.S.

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Appraisal Buzz

NOVEMBER 4, 2021

The post Illinois Appellate Court Finds “Keep Chicago Renting Ordinance” Violated State Law by Regulating Rents appeared first on DSNews. The post Illinois Appellate Court Finds “Keep Chicago Renting Ordinance” Violated State Law by Regulating Rents appeared first on Appraisal Buzz.

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Appraiserblogs

MAY 18, 2023

New, progressive laws designed to conceal felony convictions. million armed robbery of a… FNMA Property Data Collectors Program Violates WV Law The Fannie Mae Property Data Collectors program seems to have run afoul of West Virginia law. The broker alerted the bank and the National Association of Realtors.

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Appraisal Buzz

MAY 9, 2022

“The CFPB is ramping up its efforts to issue guidance and advisory opinions to assist entities … The post CFPB Releases Advisory Opinion Educating Consumers on Fair Lending Laws appeared first on DSNews. The post CFPB Releases Advisory Opinion Educating Consumers on Fair Lending Laws appeared first on Appraisal Buzz.

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Appraiserblogs

MARCH 28, 2024

This is one of the appraisal discrimination cases that has received significant attention – among appraisers, the media and government agencies. They alleged that the appraiser had taken in account their race in his valuation of their home in violation of the federal Fair Housing Act and other laws prohibiting.

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Cleveland Appraisal Blog

JUNE 18, 2022

This week I have a bonus article for my appraisal colleagues who are interested in becoming expert appraisal witnesses in eminent domain cases. Appraising property in an eminent domain case requires unique expertise and skills. Appraising property in an eminent domain case requires unique expertise and skills.

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Appraiserblogs

OCTOBER 7, 2021

…any suspicion of a discriminatory appraisal by the holder of a real estate appraiser license… Folks in the Golden State, here’s something you’d better keep a very keen eyeball on: Appraiser Discrimination – AB 948 (Holden) Signed by Gov.

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Appraisal Buzz

JANUARY 10, 2022

When it comes to the appraisal report, there are five primary risks lenders are working to mitigate. Here’s a brief look at valuation risk through the eyes of a lender or an Appraisal Management Company. Risk 1: Appraiser risk. Banks are required by regulation to use licensed and certified appraisers.

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Housing Wire

DECEMBER 14, 2021

In a blog post, Fannie Mae and Freddie Mac ’s regulator and conservator said it found examples of “overt references to race, ethnicity, and other prohibited bases under federal fair lending laws,” which FHFA said indicate the “continued presence of valuation bias.”.

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Appraisal Buzz

APRIL 18, 2022

This article was first published in the Appraisal Buzz Magazine. We are asking for submissions about your wildest appraisal stories! All the way from haunted encounters to animals that have been (unexpectedly) stumbled upon – Share with us and you could be featured in our Fall 2022 Appraisal Buzz Magazine. That’s when.

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Appraisal Buzz

FEBRUARY 7, 2022

Fannie Mae announced on January 19, 2022 that they will be accepting desktop appraisals for eligible loan transactions. The team at Fannie Mae were the first to announce requirements lockstep with their Regulator that desktop appraisals will become a normal part of the appraisal product landscape. Appraisal Labels.

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Appraiserblogs

DECEMBER 22, 2023

“Well, I guess no one will be doing appraisals in New Jersey… or maybe the standard fee is going to be $10,000?” said one appraiser. Related Posts: New Suspicious Law in CA.any suspicion of a discriminatory appraisal by the holder of a real estate appraiser license.

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Appraisal Buzz

JANUARY 7, 2022

Phrases like appraisal bias, the appraisal gap, and discrimination in appraisals have become buzz words in the media over the past year. The post 3 Resources to Help Reduce Appraisal Bias appeared first on Appraisal Buzz. Here are three useful and.

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Appraiserblogs

JANUARY 9, 2024

Why would any damages against an appraiser be more than the actual fee paid to the appraiser? House Bill 53 has been introduced into the 2024 Virginia General Assembly, directly impacting Virginia Real Estate Appraisers. The legislation introduced by R.

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Appraiserblogs

JANUARY 30, 2023

The Maryland appraiser has filed a countersuit against the homeowners, claiming defamation. Appraisers, there have been several lawsuits filed against appraisers by borrowers who “don’t like your value, so I’m accusing you of discrimination” over the last year or so. Related Posts: Why is Only One Side of This Story Being Told?

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Birmingham Appraisal

JULY 12, 2023

How Agents Can Use The Law of Diminishing Return When Pricing a Listing As a real estate appraiser with over 30 years of experience, I have witnessed firsthand the critical role that accurate pricing plays in the success of real estate transactions.

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Appraiserblogs

APRIL 25, 2023

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. Their latest twist is to re-categorize many appraisers as “Unlicensed Data Collectors.”

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Appraisal Buzz

JUNE 8, 2021

His intent was to buy the house from his parents and relocate his law offices there. The post There’s No Correct Answer in Appraising appeared first on Appraisal Buzz. He was buying an 1800s Victorian house in which his parents had operated a retail business for many years. He ordered.

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Appraiserblogs

JULY 1, 2022

The Doomed Quest to Reform a corrupt West Virginia Licensing Board “Board members earn money working for a law firm that files lawsuits against appraisers,” said one West Virginia appraiser… Readers of DC Comics will be familiar with Bizarro World, a cube-shaped planet that is home to a weirdly inverted version of reality.

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Appraiserblogs

AUGUST 4, 2023

The entire concept of bifurcated appraisals represents a fundamental misunderstanding of the appraisal process. million armed robbery of a… Hybrid Assignments, the Consequences The concept of a third party providing one or more functions in an appraisal assignment is nothing new.

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National Association of Realtors

FEBRUARY 7, 2023

Real estate transactions rely on an objective appraisal to determine a home’s market value, but evidence suggests there’s potential for racial bias in the appraisal process.

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JMV Lending

JANUARY 6, 2021

An ADU or in-law or granny flat or outside cottage (or whatever you want to call it) is […]. The post Valuing An In-Law Unit Or An ADU (Accessory Dwelling Unit) appeared first on JVM Lending. HOW MUCH IS MY ADU WORTH?

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Empire Appraisal Group

OCTOBER 12, 2023

Top reasons to get your home appraised d uring a divorce. Getting your home appraised during a dissolution of marriage (divorce) is a prudent step that can help both parties involved in the divorce process. An appraisal provides an objective and fair market value of the home, helping to ensure that property division is equitable.

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Housing Wire

JUNE 9, 2023

“The proposed guidance advises on policies that financial institutions may implement to allow consumers to provide financial institutions with information that may not have been considered during an appraisal or if deficiencies are identified in the original appraisal ,” the announcement states.

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The Appraiser Coach

FEBRUARY 6, 2024

In a Mastermind meeting with other (non-appraiser) business owners, I was reminded of how well so many principles that I share with you apply across different areas, whether it’s real estate or office work. If you guessed utilizing the law of delegation, you’re correct! The Law of Delegation is just that: a law.

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Empire Appraisal Group

OCTOBER 5, 2023

What is a Date of Death Appraisal? A date of death appraisal, also known as a “valuation as of the date of death” is a type of real estate or personal property appraisal that determines the fair market value of assets as of the date a person passed away. It is usually the date of the individual’s death.

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Appraisal Buzz

MARCH 25, 2024

I recently got curious about the word ‘analysis’ As an appraiser, I use this word frequently. I found the etymology of this word, as well as its antonym, very helpful in conceptualizing what appraisal analysis really is. Of course, this applies to the work of real estate appraisal as well.

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Housing Wire

JANUARY 22, 2024

In the end, the court agreed with the state’s Real Estate Commission, finding that MV Realty had violated state license laws and rules. If the homeowner breaks the agreement or decides to terminate it early, they must pay the firm 6% of the appraised value of the home. The story was first reported by WTVD Channel 11.

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