McKissock

MAY 18, 2021

There are numerous items to consider when deciding whether to accept or complete a hybrid or bifurcated appraisal assignment. Here, we explain four key disclosures and disclaimers to consider including in a hybrid appraisal report. The scope of work must disclose the extent the property was inspected. Scope of work disclosure.

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Appraisal Inspection Clients Real Property 63

McKissock

JULY 24, 2020

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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Appraisal Law Government Real Estate Agent 53

Appraisal Today

DECEMBER 2, 2022

NAR Urges Appraisal Foundation To Establish Equivalency Credit for Education and Experience. Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process.

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Appraisal Agents Real Estate Real Estate Agent 80

McKissock

AUGUST 13, 2021

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.” That’s the real reason why—because USPAP says so. When should we analyze the contract?

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Contracts Appraisal Market Value Real Estate 64

McKissock

AUGUST 11, 2020

As a professional appraiser, you don’t want to have a disciplinary complaint filed against you, and you certainly don’t want to be the subject of a complaint that results in disciplinary action. Here are several do’s and don’ts to help you avoid situations that may get you into trouble as a real estate appraiser.

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Appraisal Clients Real Estate Law 64

DataMaster

MARCH 17, 2021

Real estate transactions should be bias-free. As most appraisers know, the Appraisal Foundation issued an exposure draft of a complete revision of Advisory Opinion 16 on March 1st. With two weeks to go until the deadline for comment submissions, we urge all appraisers to make their voice heard. Advisory Opinion 16.

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Appraisal Inspection Law Property Appraisal 141

McCarthy Appraisal Blog

SEPTEMBER 4, 2018

How to Choose a Real Estate Appraiser? An appraisal is a professional appraiser’s unbiased and impartial opinion of value based on the condition of the property, prevailing real estate prices and other factors. An independent appraisal sets a benchmark value for your real estate.

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Real Estate Appraisal Valuation Loan Officers 36

The Robert Weiler Company

OCTOBER 15, 2021

Fundamentally, the cap rate is the relationship between the property’s net income with the property’s purchase price. For CRE investors, the cap rate is a way to determine the property’s ROI potential. Commercial real estate appraisers will tell you that cap rates do not signify value. A recent change by the U.S.

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Investing Real Estate Tenants Investors 138

DataMaster

MARCH 17, 2021

Real estate transactions should be bias-free. As most appraisers know, the Appraisal Foundation issued an exposure draft of a complete revision of Advisory Opinion 16 on March 1st. With two weeks to go until the deadline for comment submissions, we urge all appraisers to make their voice heard. What changed?

Appraisal 78

Appraisal Inspection Law Property Appraisal 78

DataMaster

MARCH 17, 2021

Real estate transactions should be bias-free. As most appraisers know, the Appraisal Foundation issued an exposure draft of a complete revision of Advisory Opinion 16 on March 1st. With two weeks to go until the deadline for comment submissions, we urge all appraisers to make their voice heard. Advisory Opinion 16.

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Appraisal Inspection Law Property Appraisal 78

Appraisal Buzz

AUGUST 1, 2022

As a minimum basis, a real property appraisal report written for the government sponsored entities (GSEs) and agencies are what USPAP (Uniform Standards of Professional Appraisal Practice) refers to as Appraisal Reports. Standard 2 is the specific standard that addresses the reporting of appraisals.

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Valuation Contracts Appraisal Legal 360

McKissock

DECEMBER 27, 2022

With 2023 just around the corner —and a good deal of uncertainty in the air—we wanted to find out where real estate appraisers plan to focus their efforts and what goals they hope to achieve next year. So, we asked members of our appraisal community, “What is your top professional goal for 2023?” Here’s what they said.

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Appraisal Business Design Real Estate 83

Appraiserblogs

JUNE 22, 2021

In the past year, the appraisal industry has been under attack from various academics who claim “racial bias” on the part of real property appraisers providing appraisal services to lenders who provide home mortgages. On January 4, 2021, the… The post Racial Bias in Real Estate: Is it the Appraisers’ Fault?

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Real Estate Appraisal Valuation Training 178

East Coast Appraisal

OCTOBER 18, 2021

A home appraisal is vital when you want to sell your house. As the seller, you likely want a real estate appraiser who will provide an impartial opinion based on your current home's condition and the prices of other properties in your location. So how do you choose the right home appraiser? Qualifications.

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Appraisal Property Appraisal Real Estate Valuation 52