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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Appraisal Law Development Valuation 309

McKissock

MARCH 17, 2023

As an experienced appraiser, there are many reasons you may decide to take on a trainee. Whatever the reason, supervisors play an essential role in the training and development of future appraisers. In this post, we outline how to become a supervisory appraiser. property inspections), or prepare for retirement.

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Appraisal Training Property Appraisal Real Property 97

Boston Appraisal

OCTOBER 8, 2022

In recent years, it has become common for lenders to obtain hybrid appraisals. While appraisers provide an essential service through their reports, this work comes at high costs to the buyer or borrower. This cost can be measured in terms of dollars spent on an appraisal or the time required to produce a full appraisal report.

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Appraisal Inspection Appraisal Process Valuation 135

DataMaster

APRIL 6, 2021

What is an home appraisal? Why Didn’t My Home Appraise Higher? Appraisals can be confusing. A friend (I’ll call him Art) recently had his home appraised. When the appraisal came back, he was shocked to see that his home appraised for less than two homes nearby that had recently sold.

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Appraisal Appraisal Process Buyers Legal 158

Appraiserblogs

MAY 5, 2023

The largest appraisal management company had hired Mr. Uchendu as one such property data collector despite his criminal background and pending legal issues – clearly demonstrating their lackadaisical attitude towards vetting employees who are tasked with collecting sensitive information about properties and homeowners.

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Boston Appraisal

OCTOBER 8, 2022

In recent years, it has become common for lenders to obtain hybrid appraisals. While appraisers provide an essential service through their reports, this work comes at high costs to the buyer or borrower. This cost can be measured in terms of dollars spent on an appraisal or the time required to produce a full appraisal report.

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Appraisal Inspection Appraisal Process Valuation 78

Boston Appraisal

OCTOBER 8, 2022

In recent years, it has become common for lenders to obtain hybrid appraisals. While appraisers provide an essential service through their reports, this work comes at high costs to the buyer or borrower. This cost can be measured in terms of dollars spent on an appraisal or the time required to produce a full appraisal report.

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Appraisal Inspection Appraisal Process Valuation 78

Housing Wire

JUNE 5, 2023

In a lawsuit filed in late May 2023, he alleges he was fired due to an investigation into clearing conditions with appraisals done when he was on paternity leave. A spokesperson for UWM said the company “does not comment on legal matters that are currently pending.” The leadership, according to the case, never reported the incident.

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Human Resources Legal Training Mortgage 315

McKissock

JANUARY 6, 2023

How about one for you and your appraisal business? Most of us are fee appraisers who work independently. Our opportunity is time—it’s time to take stock of where we are and perhaps consider diversification or an alternative appraisal career. Here are a few ideas for transforming your appraisal career in 2023.

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Appraisal Training Lending Land Management 74

Appraiserblogs

AUGUST 1, 2022

Her experience as a licensed real property appraiser in West Virginia turned out to be the perfect training ground for the study of public corruption, restraint of trade and government overreach. Are Bifurcated Appraisals Legal in Your State? Lately there has been a push for bifurcated (hybrid) appraisal products.

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Legal Training Law Property Appraisal 126

D Fritz Appraisals

OCTOBER 11, 2022

How Home Appraisers Decide on the Value of Your Property. There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market.

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Appraisal Inspection Property Taxes Easement 105

Housing Wire

SEPTEMBER 16, 2021

Kully previously worked at the Department of Housing and Urban Development as a senior attorney, in the legal division at Fannie Mae and as a partner at K&L Gates. I have also been watching fresh ideas and new approaches in the appraisal industry. HousingWire: Lastly, what was your biggest learning opportunity?

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Finance Legal Development Training 369

Birmingham Appraisal

AUGUST 2, 2023

A Guide to Selecting the Right Appraiser Selecting a real estate appraiser is a crucial decision that can significantly impact your financial transactions and investments. Certification and Licensing Appraisal standards and regulations are vital to maintaining the integrity of the profession.

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Appraisal Agents Valuation Real Estate 70

DataMaster

APRIL 6, 2021

What is an home appraisal? Why Didn’t My Home Appraise Higher? Appraisals can be confusing. A friend (I’ll call him Art) recently had his home appraised. When the appraisal came back, he was shocked to see that his home appraised for less than two homes nearby that had recently sold.

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

DataMaster

APRIL 6, 2021

What is an home appraisal? Why Didn’t My Home Appraise Higher? Appraisals can be confusing. A friend (I’ll call him Art) recently had his home appraised. When the appraisal came back, he was shocked to see that his home appraised for less than two homes nearby that had recently sold.

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Appraisal Appraisal Process Buyers Legal 78

Appraisal Hub

JULY 22, 2020

Are you interested in getting appraisal services for your property in Toronto? It’s important to make sure that its value is being determined by the most qualified appraiser. Here are some questions to ask prospective appraisal firms before you hire one: Has your company appraised many properties in my area?

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Appraisal Today

JUNE 23, 2023

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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Appraisal Real Estate Valuation Contracts 85

Cleveland Appraisal Blog

SEPTEMBER 21, 2023

Anastasia Corjan reached out to me a little over a year and a half ago to invite me to be an Appraisal Ambassador for them. In the following interview, she shares with us a little about CubiCasa, her journey there, and some tips on how appraisers can attract more non-lender work. This add-on is the most popular among appraisers.

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Marketing Real Estate Agent Real Estate Appraisal 300

The Robert Weiler Company

SEPTEMBER 30, 2020

Unlike a commercial real estate appraisal review, most of the answers from “Facebook experts” are not fact-based; the responses on your social media post will range from beliefs to convictions to opinions. Fortunately, we do not conduct commercial real estate appraisals on social media! A public project is being conducted.

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Real Estate Appraisal Property Appraisal Valuation 137

Appraisal Buzz

APRIL 8, 2024

The Dawn of a New Appraisal Era In the ever-evolving realm of technology, few innovations have garnered as much attention and promise as blockchain. One of its most intriguing applications lies in the domain of appraisals. Understanding the Basics: What is Blockchain?

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Technology Appraisal Valuation Supply Chain 418

Appraisal Today

MARCH 31, 2023

Fannie Mae: Appraisals are no longer the default option: Value Acceptance replaces Appraisal Waiver Fannie Mae updated its Selling Guide on March 1 to include more options for property valuations, saying that they are “moving away from implying that an appraisal is a default requirement.” Fannie sells their loans to investors.

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AmeriMac

MARCH 15, 2024

Appraisal Management Companies (AMCs) play a crucial role in the real estate industry by providing independent appraisal services to lenders and other clients. While most people are familiar with the concept of an appraiser, many may not be aware of the important role that AMCs play in the appraisal process.

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Appraisal Appraisal Process Valuation Real Estate 36

McKissock

JULY 6, 2021

The AMC insists that as long as I disclose in the addendum that the zoning is currently ‘illegal,’ then I can mark on the first page as ‘Legal.’”. The AMC insists that as long as I disclose in the addendum that the zoning is currently ‘illegal,’ then I can mark on the first page as ‘Legal.’”. This is nothing new.

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Clients Training Appraisal Legal 85

Housing Wire

OCTOBER 25, 2023

Ketchmark also questioned Blefari about the training video in which Blefari said, as an agent, his commissions started at 6% and went up. “I However, Blefari said that those are just ranges, and he cited appraisal fees being waived or points on the mortgage as reasons why commission fees could change. I was a successful agent.

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McKissock

SEPTEMBER 18, 2020

When a real estate appraiser is called to testify in a court, it could be as one of two types of witnesses. If you are called to testify as an appraiser, it’s important to determine at the time of the request which of the two types you will be: fact witness or expert witness. You may state the concluded value in the appraisal.

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Law Training Appraisal Legal 94

Town & Country Residential Appraisals

JULY 25, 2022

Well, in our profession, APPRAISERS HAVE TRAINEES. Real estate appraiser requirements have significantly advanced over the past few decades with increasing educational requirements and a few revisions to the experience process. This is the part that takes the longest amount of time, the most experience and the most amount of training.

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Real Estate Training Appraisal Appraisal Process 58

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. Many people don’t like them.

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Housing Wire

MAY 25, 2021

The FHFA’s engagement of industry stakeholders signifies a critical inflection point for appraisal transformation. For example, appraisal turn time has swelled 65% from 2018, according to recent data published by Freddie Mac. Appraisal costs have also soared 24% since 2016, according to the Freddie Mac data. Appraiser shortage.

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Appraisal Valuation Real Estate Modernization 363

Lamacchia Realty

DECEMBER 18, 2023

million members including real estate salespeople, real estate brokers, property managers, appraisers, and many more. REALTORS®, while they meet the same education requirements as any other agent, they are required to complete an additional NAR Code of Ethics training every three years.

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Realtors Agents Real Estate Agent Real Estate 68

McKissock

NOVEMBER 10, 2020

Legal protections. Appraisal issues. Additionally, you can build skills to advance your career with our real estate coaching and training. Virtual open houses and videos. Professional designations. How to join organizations. Working with veterans. Mortgage basics. 1031 exchange. Data security. Real estate ethics. Adjustments.

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Real Estate Agents Property Management Development 69

Raleigh Realty

MARCH 23, 2021

And while that may be enticing, there are many other costs and legal repercussions that are associated with selling a home that will be the full responsibility of the seller if a real estate agent is not involved. Real estate agents have access to various comparative tools and have been trained on how to do this specialized research.

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Real Estate Agent Real Estate Realtors Contracts 133

Walitt Solutions

JULY 28, 2019

In July 2019, I spoke to the Collateral Risk Network, a group of chief appraisers, risk managers, management companies, lenders, appraisers, regulators, and legal experts, at the Collateral Matters event in Reston, Virginia. Is this so-called “new” process new at all?

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Appraisal Inspection Valuation Lending 28

Housing Wire

NOVEMBER 30, 2023

Culture, cutting-edge technology, marketing assistance, and training are key to succeeding as an Ohio real estate agent, so look for a brokerage that provides the agent services and resources you need to maximize reach for your clients. You’ll also gain a deeper understanding of the information needed to thrive as an Ohio real estate agent.

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Real Estate Real Estate Agent Brokerage Agents 421

Appraisal Buzz

MAY 9, 2022

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.

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Boston Appraisal

OCTOBER 27, 2023

Divorces are difficult and stressful processes that involve many legal and financial issues. In order to ensure a fair and equitable distribution of assets, it is essential to obtain a professional, and accurate property appraisal in a divorce case. Appraisals are based on current market data and trends and are backed by evidence.

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Appraisal Property Appraisal Legal Inspection 78

Cleveland Appraisal Blog

MAY 27, 2021

Who needs an appraiser when one has cash? There is a lot of information that an appraisal can provide, which can be helpful to lenders and homeowners. However, anyone can hire an appraiser to appraise a home. Appraisals provide information that can be helpful to the lender, and the buyer, in deciding about buying a home.

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Market Value Appraisal Buyers Marketing 418

Walitt Solutions

DECEMBER 2, 2019

Two common questions that come up when I’m coaching appraisers, training an appraisal department at a lender or management company, or teaching a USPAP course is “What should be in the appraiser’s workfile?” ” and “What do we really mean by ‘workfile’?”

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