Appraisal Buzz

OCTOBER 1, 2021

On Wednesday, October 20, 2021, McKissock Learning is hosting a FREE one-hour, non-credit Pro-Series webinar titled “The Appraisal Foundation 2021 Q4 Update.” Participate in this Q&A session with Lisa Desmarais, Vice President, Appraisal Issues with The Appraisal Foundation (TAF).

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Appraisal 195

Appraisal Today

JANUARY 5, 2024

Five USPAP Myths Dispelled in 2024 USPAP By Daniel A. Bradley, SRA, CDEI, McKissock Learning On May 5, 2023, the Appraisal Standards Board (ASB) voted to adopt changes to the Uniform Standards of Professional Appraisal Practice (USPAP), which will become effective January 1, 2024. Excerpts: 4 Bedrooms, 4.5

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Appraisal Contracts Legal Business 75

George Dell

JANUARY 3, 2024

An appraisal, everyone knows what is. To explore this question, we must consider the theoretical – what USPAP expects. We also might glance at what might be an ideal – given […] The post What IS an Appraisal? We also might glance at what might be an ideal – given […] The post What IS an Appraisal?

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Appraisal Valuation 195

Appraiserblogs

MAY 31, 2022

From one of my appraiser colleagues in NYC on a McKissock class, taught by Dan Bradley, husband of Michelle Bradley who is chair of the Appraisal Standards Board of The Appraisal Foundation (this is COMPLETELY UNETHICAL). instead of just “appraisers” and…. The post USPAP Absurdity appeared on Appraisers Blogs.

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Real Estate Appraisal 140

Appraisal Buzz

JULY 21, 2021

In today’s Buzzcast, we dive into the 2020-21 7 Hour USPAP Update Course being held at Valuation Expo on September 8th by Appraiser eLearning. Today we have Bryan Reynolds, Owner of Reynolds Appraisal Service and Appraiser eLearning, with Joan Trice, Founder of Allterra Group, LLC.

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Valuation Appraisal 195

Appraisal Buzz

OCTOBER 5, 2021

The official 2022-2023 Online Update Course for Uniform Standards of Professional Appraisal Practice (USPAP) is now available online. This is the 12th year that McKissock Learning has been the exclusive provider of The Appraisal Foundation’s national online USPAP update course.

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Real Property Development Appraisal 195

Appraiserblogs

AUGUST 4, 2022

Folks, the Appraisal Foundation’s Appraisal Standards Board released the THIRD Exposure Draft to USPAP on July 26, 2022. Related Posts: USPAP Definitions of 'His' and 'Her' The USPAP Exposure Draft Process Continues To Step Outside Their Purpose With Her / Him as the new ‘Misleading’ Debacle….

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Appraisal 126

Appraisal Buzz

JULY 21, 2021

In today’s Buzzcast, we dive into the 2020-21 7 Hour USPAP Update Course being held at Valuation Expo on September 8 th by Appraiser eLearning. Today we have Bryan Reynolds, Owner of Reynolds Appraisal Service and Appraiser eLearning, with Joan Trice, Founder of Allterra Group, LLC.

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Valuation Appraisal 195

Appraisal Buzz

AUGUST 9, 2021

Local, State, and Federal policy can play a significant role in an appraiser’s business – it is important to stay informed about what is happening around us. Most appraisers have been busier than ever over the past year and may be struggling to keep up with deadlines. Policy can affect all segments of the appraisal profession.

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Appraisal Buzz

MAY 13, 2024

All of my data sources were very local and included only those areas that were close enough to physically drive to and complete an appraisal. All of the data needed by an appraiser is available in a digital format and made readily available on-line. I couldn’t imagine receiving data in that manner or format today.

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Appraisal Appraisal Process Technology Tools 347

Appraiserblogs

MAY 3, 2023

USPAP has introduced the terms DISPARATE TREATMENT AND IMPACT in its 5th exposure draft. Disparate treatment and impact are bad for appraisers because they can damage the reputation of the profession, lead to legal and regulatory action, and negatively impact the success and viability of individual appraisers and their businesses.

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Legal Appraisal Real Estate Business 107

Housing Wire

JUNE 6, 2023

Nationwide Property & Appraisal Services LLC (NPAS), a pioneer in the real estate appraisal sector, announced on Tuesday the launch of its product line, Pinnacle Desktop Appraisals. By separating the data collection and valuation processes, potential bias is eliminated, ensuring that homeowners and appraisers never meet.

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Appraisal Real Estate Valuation Technology 370

Appraiserblogs

FEBRUARY 17, 2023

A proposed update of professional guidelines for property appraisals contains confusing language about what constitutes discrimination, and would even suggest appraisers could engage in “ethical” discrimination. Hopefully the Appraisal Standards Board will closely examine the concerns of the regulators.

Property Appraisal 101

Property Appraisal Appraisal 101

Appraiserblogs

AUGUST 16, 2022

Future editions of USPAP will have an effective start date but no end date. Folks, on Thursday August 11, 2022, the ASB/TAF announced the extension of the current USPAP to the end of 2023. Assuming that a ‘new’ USPAP is formally approved in time, the next issue of USPAP will become effective January 1, 2024.

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Appraisal 116

George Dell

JUNE 7, 2023

USPAP requires that an appraisal is an opinion. USPAP (Uniform Standards of Professional Practice) is promulgated by the Appraisal Foundation, publisher of the irregularly issued rules, […] The post Appraisal Opinion vs Analytic Results? EBV yields an analytic result. Links to the earlier posts are here.

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Appraisal 150

Appraisal Buzz

MAY 1, 2024

In this week’s episode, host Hal Humphreys talks with Kevin Hecht, Appraisal Training and Development Manager and Real Estate Economist for McKissock. What can appraisers expect from the market in the near future? Appraisers that are attending both can get up to 21 hours of CE.

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Real Estate Marketing Training Valuation 351

Housing Wire

DECEMBER 8, 2021

RemoteVal is a powerful new remote appraisal inspection tool takes all the time and labor-saving promise of remote valuations and makes it real. Appraisers maintain full control so they can deliver USPAP compliant appraisal reports that meet their professional standards while lenders benefit from turn-times cut from weeks to days.

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Appraisal Inspection Valuation Tools 393

Appraiserblogs

MARCH 22, 2021

What is the actual reason USPAP was extended without warning for an additional year? I am all for longer USPAP cycles or doing updates on an as-needed basis in an industry that changes very little. Many others took… The post Reason Why USPAP Was Extended appeared on Appraisers Blogs. Don’t get me wrong.

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Appraisal 141

Appraisal Buzz

OCTOBER 3, 2022

What should appraisers know before they sign the appraisal report and deliver their professional opinion of value? Many appraisers working in today’s marketplaces are about to find out how important this is. This is important information for appraisers, though it may not appear so at first. Appraisers track such data.

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Appraisal Marketing Real Estate Inventory 370

Appraiserblogs

MARCH 2, 2023

I received this notice from CoreLogic: Effective April 1, 2023, CoreLogic’s maximum storage commitment for appraisal and title data will be limited to 5 years. Effective April 1, 2023, CoreLogic’s maximum storage commitment for appraisal and title data will be limited to 5 years. This change applies to all.

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Appraisal Real Estate Clients Investing 114

Appraiserblogs

OCTOBER 11, 2021

The ASC Wants And Has The Funds To Make USPAP Free! 15 USPAP Appraisal Reviews in 15 minutes? A VaCAP member shared with us something they read in an appraiser group… Are You Violating USPAP Every Day? Are you in “violation” of USPAP? appeared on Appraisers Blogs.

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Appraisal Real Estate 118

Appraiserblogs

SEPTEMBER 9, 2021

Appraisers, if your license renews in 2022, you will need to take the ‘new’ USPAP 7hr Update course. But the ‘current’ USPAP is presently undergoing Exposure Drafts for the proposed changes, which will be effective as of Jan. The Appraisal Foundation has issued an exposure draft for Advisory Opinion (AO) 16.

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Law Appraisal 93

Appraisal Buzz

APRIL 15, 2024

By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD). These codes, or language, make sense to appraisers but confuse uninitiated readers of our reports. It all starts with the standard appraisal forms used in the mortgage process.

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Appraisal Design Lending Technology 397

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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Appraisal Inspection Development Technology 435

Appraiserblogs

NOVEMBER 4, 2021

The USPAP Exposure Draft Process Continues To Step Outside Their Purpose With Her / Him as the new ‘Misleading’ Debacle The general idea of definitions added to USPAP was supposed to be industry-specific nomenclature. While I appreciate the… Another Draft to a USPAP Draft!

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Legal Design Appraisal 113

George Dell

SEPTEMBER 15, 2021

Let’s connect the “established” appraisal practice of USPAP (Uniform Standards of Professional Appraisal Practice), the established body of knowledge (EBOK), and human behavior reality. […]. The post An Appraisal Bias Enigma? Let’s look to see what systemic issues there may be regarding bias in valuation.

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Appraisal Valuation Modernization 195

Cleveland Appraisal Blog

OCTOBER 27, 2022

Are you anticipating having your home appraised? While she is not an appraiser, I am, and I agree that these things can help! When selling or refinancing a house, an appraisal is typically necessary. When selling or refinancing a house, an appraisal is typically necessary. How can you prepare for the inspection?

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Appraisal Inspection Buyers Advertising 384

McKissock

AUGUST 16, 2022

On August 11, 2022, the Appraisal Standards Board of The Appraisal Foundation announced that it would be extending the expiration date of the 2020-2021 USPAP publication by an additional year. Instead of expiring on December 31, 2022, the current USPAP will remain in effect until December 31, 2023.

Appraisal 75

Appraisal 75

Appraisal Buzz

MAY 23, 2022

As an appraiser, I cannot help but make the connection between the characters in the book and appraisers. Complainers like Hem and Haw are abundant in the appraisal world. They are the most vocal amongst us appraisers. Most of the appraisers that identify with Scurry and Sniff, that’s who! This is inevitable.

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Appraisal Business Mortgage Modernization 320

Appraisal Buzz

APRIL 19, 2022

On Wednesday, May 25, 2022, McKissock Learning is hosting a FREE one-hour, non-credit Pro-Series webinar titled “The Appraisal Foundation 2022 Q2 Update.” Participate in this Q&A session with Lisa Desmarais, Vice President, Appraisal Issues with The Appraisal Foundation (TAF). Don’t miss this.

Appraisal 195

Appraisal 195

Appraisal Buzz

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. The post What’s in a Sales Contract?

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Contracts Appraisal Real Estate 195

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. Mortgage lending work is only one type of business where appraisals are needed. Mortgage lending work is only one type of business where appraisals are needed.

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Business Appraisal Real Estate Agent Clients 393

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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Appraisal Law Real Estate 195

McKissock

OCTOBER 1, 2021

On Wednesday, October 20, 2021, McKissock Learning is hosting a FREE one-hour, non-credit Pro-Series webinar titled “The Appraisal Foundation 2021 Q4 Update.” Participate in this Q&A session with Lisa Desmarais, Vice President, Appraisal Issues with The Appraisal Foundation (TAF). Sign up now. Meet the presenter.

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Appraisal Real Estate Development Investing 84

Appraisal Buzz

MARCH 28, 2022

As the way we all do business continues to evolve, help support the digital transformation of the industry and become a hybrid appraiser. Faster income opportunities: With large volumes of hybrid appraisals across the country that offer shorter turn times than traditional appraisals, there is an opportunity to earn income faster.

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Appraisal Valuation Business 195

Valuation Review

MAY 10, 2023

The Appraisal Standards Board votes on proposed USPAP changes. AppraisalFoundation #appraisalstandardsboard #changes #USPAP

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Appraisal 60

Appraisal Today

NOVEMBER 3, 2023

How do the USPAP revisions to the Nondiscrimination section affect appraisers? Appraisers were also always prohibited from performing assignments with bias. These requirements are carried forward in the 2024 edition of USPAP. USPAP 2024 is effective January 1, 2024. Between Oct.

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Appraisal Contracts Architecture Mortgage 76