Appraisal Buzz

MAY 13, 2024

Competency has been a fundamental component of the Uniform Standards of Professional Appraisal Practice (USPAP) since its inception. However, USPAP has evolved over time, with updates and revisions to further clarify and emphasize the importance of competency standards for appraisers.

Appraisal 347

Appraisal Appraisal Process Technology Tools 347

Housing Wire

FEBRUARY 1, 2023

That is what Sagent stands for, and it executes credibly alongside America’s largest mortgage servicers because its fintech engineering and product teams are comprised of servicing experts with deep resumes in the servicing trenches. And its product and customer success teams have responsibility for sales and growth.

Mortgage 473

Mortgage Technology Modernization Investors 473

Housing Wire

SEPTEMBER 20, 2023

A well-designed and captivating digital platform instantly conveys professionalism, credibility and exclusivity — and the opposite can turn customers away. From your website to your social media platforms, setting a high standard creates a lasting positive impression on potential clients.

Real Estate 410

Real Estate Brokerage Luxury Properties Design 410

Appraisal Buzz

JANUARY 10, 2022

When lenders or AMCs are ordering and reviewing appraisal reports and when they deliver loan packages, they must be certain that all appraisers working on the deal are credentialed, credible and reliable and the reports were completed competently. It’s a standard investors require all parties to meet. Risk 1: Appraiser risk.

Appraisal 374

Appraisal Real Estate Valuation Investors 374

Housing Wire

JUNE 21, 2023

The proposed FIRREA amendments require new regulations for quality control standards for AVMs, with the process having been initiated in February of last year under the Small Business Regulatory Enforcement Fairness Act of 1996 (SBREFA). The CFPB released a final SBREFA report on May 13, 2022.

Valuation 370

Valuation Finance Legal Development 370

Housing Wire

AUGUST 3, 2022

AMCs, potentially even more so than firms who do business with the government-sponsored enterprises, are heavily influenced by changes to conventional appraisal standards. One such change is the growing acceptance by the GSEs and the VA of desktop appraisals and hybrid, or bifurcated, appraisals.

Valuation 397

Valuation Appraisal Modernization Technology 397

Appraisal Buzz

FEBRUARY 7, 2022

Appraisers have always had the ability to complete appraisals with limitations on their scope of work, provided it falls within the constraints of their standards of practice, or what is commonly known as the Uniform Standards of Professional Appraisal Practice (USPAP). Appraisers rely on standards of practice and processes.

Appraisal 435

Appraisal Inspection Development Technology 435

Appraisal Buzz

SEPTEMBER 27, 2021

Profiting from (Credible) Measuring Services. These include measuring services from individuals who have never heard of ANSI standards, have no concept of what above and below grade means, and think a full interior-only, unfinished basement with dirt mounds, a dirt floor, and a ceiling height of 5’5” is considered a bedroom.

Real Estate Agent 370

Real Estate Agent Real Estate Valuation Appraisal 370

Appraiserblogs

DECEMBER 17, 2021

On December 15, 2021, Fannie Mae announced that it will be adopting ANSI Measuring Standard in 2022. Here are some items for appraisers to consider when using the ANSI standard Measurements. The real estate industry has a square footage credibility problem. AMS Are you really following the ANSI ® home measurement standard?

Inspection 123

Inspection Appraisal Real Estate Realtors 123

Appraiserblogs

NOVEMBER 18, 2021

The real estate industry has a square footage credibility problem. The Missing Standard What can we do to establish a national measurement standard for appraisers? Two Measurement Standards: ANSI vs. AMS Are you really following the ANSI ® home measurement standard? Every week I talk to appraisers in different….

Appraisal 139

Appraisal Training Real Estate Valuation 139

Housing Wire

APRIL 22, 2021

Transparency is one of the most difficult aspects of ESG, the panelists said, which is why Fannie Mae chose to focus its single-family green program on loans that meet the well-known ENERGY STAR standards. but are well-established in Europe. but are well-established in Europe. ENERGY STAR 3.0 ENERGY STAR 3.0 Horton, Lennar Corp. and NVR Inc.

Finance 420

Finance Investors Government Business 420

Appraisal Buzz

DECEMBER 20, 2021

The appraiser is still required to provide a scope of work that is sufficient to ensure that their results are credible. The appraiser’s standard is still a valuation that is believable, regardless of whether they get access to the interior of the property or not.

Valuation 367

Valuation Inspection Appraisal Lending 367

Housing Wire

NOVEMBER 18, 2020

Thankfully, the Uniform Standards of Professional Appraisal Practice (USPAP) accommodates these different needs and circumstances, providing a consistent foundation for valuation. Shawn Telford: What has changed in many cases is how lenders are asking appraisers to form opinions of value. HW: How are appraisers keeping up with demand?

Inspection 384

Inspection Valuation Appraisal Technology 384

Housing Wire

AUGUST 5, 2021

Instead of waiting for credit standards for agency-backed mortgages to relax, two industry veterans are launching a startup to help credit-impaired borrowers rise to meet them. Its cloud-based platform uses public data and proprietary analytics to help borrowers repair their credit.

Lending 450

Lending Mortgage Tools Technology 450

Housing Wire

APRIL 30, 2022

QuickSource is a one-stop solution for easily importing, comparing and managing appraisal data from multiple credible sources. The solution transforms this data into the GSEs’ UAD standard reporting format, making it automatically compliant for UCDP portal upload.

Appraisal 370

Appraisal Training Clients Real Estate 370

Appraiserblogs

FEBRUARY 3, 2022

ANSI Measuring Standard Required in 2022 On December 15, 2021, Fannie Mae announced that it will be adopting ANSI Measuring Standard in 2022. The real estate industry has a square footage credibility problem. The appraisal industry and the appraisal profession is no exception to this. Appraisers will be….

Inspection 111

Inspection Appraisal Real Estate 111

Boston Appraisal

AUGUST 17, 2023

However, in the course of obtaining an appraisal or while reviewing an appraisal, it may be necessary to verify the reliability, credibility, and accuracy of an appraisal report. Look for any disciplinary actions or complaints against the appraiser that may affect his or her reputation or credibility.

Clients 78

Clients Appraisal Market Value Property Taxes 78

AmeriMac

OCTOBER 15, 2023

An appraisal review evaluates an existing appraisal report performed by an independent third-party reviewer to assess its quality, accuracy, and compliance with industry standards. Read on to learn more about the necessity of appraisal reviews to enhance credibility measurement, magnify client’s confidence, and aid in risk management.

Appraisal 36

Appraisal Clients Real Estate Appraisal Process 36

Housing Wire

JANUARY 31, 2022

For your average Joe or Jane buyer, this level of privacy protection may seem a bit excessive, but Nourmand says that these types of precautions are pretty standard when dealing with high-profile clients. There is usually more bark than bite,” Nourmand said. million, according to property records. Adams sold $34.6

Agents 370

Agents Real Estate Real Estate Agent Realty 370

Housing Wire

JANUARY 27, 2022

For your average Joe or Jane buyer, this level of privacy protection may seem a bit excessive, but Nourmand says that these types of precautions are pretty standard when dealing with high-profile clients. There is usually more bark than bite,” Nourmand said. million, according to property records. Adams sold $34.6

Agents 370

Agents Real Estate Real Estate Agent Realty 370

GoForrmz

MARCH 28, 2022

Elevate enterprise data management with digital information capture and process-oriented information flows For enterprise, data is king, and efficient, standardized data management is critical to ensure enterprise teams are armed with the information they need. isolated spreadsheets, physical documentation, rigid PDF fillers, etc.)

Government 142

Government Business Modernization Investing 142

Dart Appraisal

APRIL 2, 2021

Dart appraisal Discusses Uniform Standards of Professional Appraisal Practice and Value Approaches. USPAP requires that the appraiser perform all approaches that are found necessary for credible results by the appraiser. This report was considered USPAP compliant, credible, and acceptable.

Appraisal 69

Appraisal Clients Retail Real Estate 69

Appraisal Buzz

APRIL 25, 2022

The ultimate test in current standards (USPAP), is to be “credible” defined as “ worthy of belief.” In traditional valuation dogma, the next step is picking comps. Comps for overall, comps for income, and comps for land and costs. Pick comps. A neighborhood is defined as a group of complementary land uses.

Valuation 150

Valuation Appraisal Training Design 150

Miller Samuel

JULY 3, 2020

Given the self-dealing that has occurred three times due to the lack of transparency, the votes made for the petition process need to be 100% transparent to convey credibility to the membership that is absolutely required. . - Discuss the transparency of the petition process: Why do the board votes on the petition process get to be concealed?

Appraisal 300

Appraisal Sellers Design Valuation 300

Empire Appraisal Group

NOVEMBER 18, 2021

We have record home equity thanks to record home prices,” Dan Roccato, a financial analyst with Credible, told Forbes.com. Homeowners must meet certain credit standards to be able to tap into their home’s equity through cash-out refinancing. The amount of U.S. tappable home equity reached a record high in October of $9.1

Realtors 78

Realtors Mortgage Appraisal Real Estate 78

The Robert Weiler Company

SEPTEMBER 30, 2020

Uniform Standards of Professional Appraisal Practice regulations aren’t followed. Essentially, the commercial appraisal reviewer must confirm the report is acceptable, meets standards, and the appraiser had no interest in the property appraised. Fortunately, we do not conduct commercial real estate appraisals on social media!

Real Estate 137

Real Estate Appraisal Property Appraisal Valuation 137

Clear Capital

APRIL 1, 2024

Image by rawpixel.com on Freepik With different quality standards skyrocketing in recent times, keeping pace with evolving expectations can prove challenging. That’s why we’ve enhanced our pre-check rules – the risk indicators you encounter upon uploading your report that address our most common correction requests!

Appraisal 36

Appraisal Training 36

Town & Country Residential Appraisals

AUGUST 7, 2023

Credibility and Reputation One key aspect of hiring an appraiser with expert witness testimony experience is the credibility and reputation they bring to the table. Credibility and Reputation One key aspect of hiring an appraiser with expert witness testimony experience is the credibility and reputation they bring to the table.

Appraisal 55

Appraisal Legal Clients Valuation 55

McKissock

MAY 14, 2021

Let’s all agree right from the start: a standardized form like the Fannie Mae 1004/Freddie Mac Form 70 used by the mortgage industry is not an appraisal. If the client is a lender, they may want you to report the results of your analysis and conclusions to them on a standard industry form like the 1004/70. as an appraisal report.

Appraisal 69

Appraisal Clients Development Real Estate 69

Simonson Real Estate

AUGUST 24, 2020

This allows us to continue to deliver well-reasoned and credible appraisal reports. Since then, market uncertainty has caused commercial investors to increasingly worry whether their commercial appraisal analyses are accurate. . At Simonson Appraisals, our team works tirelessly to ensure those worries are needless. We had a great discussion!

Lending 148

Lending Construction Tenants Real Estate 148

Cleveland Appraisal Blog

SEPTEMBER 21, 2023

Digital GLA offers real estate professionals, agents, and appraisers a reliable and standardized way to obtain precise property measurements. You will be building your authority and credibility in this group on the matters that the community might be interested in using your services since you managed to build trust.

Marketing 300

Marketing Real Estate Agent Real Estate Appraisal 300

Genworth MI Blog

JULY 16, 2020

For example, if the kitchen interior pictures show an excellent quality kitchen with high ceilings, but the exterior pictures show the subject to be standard wall height 1950’s one-story ranch, you might question the authenticity of the kitchen photograph. What are some of the fraud risks with borrower-supplied photos?

Appraisal 78

Appraisal Inspection Real Estate Agent Market Value 78

Genworth MI Blog

JULY 16, 2020

For example, if the kitchen interior pictures show an excellent quality kitchen with high ceilings, but the exterior pictures show the subject to be standard wall height 1950’s one-story ranch, you might question the authenticity of the kitchen photograph. What are some of the fraud risks with borrower-supplied photos?

Appraisal 84

Appraisal Inspection Real Estate Agent Market Value 84

Birmingham Appraisal

AUGUST 2, 2023

Certification and Licensing Appraisal standards and regulations are vital to maintaining the integrity of the profession. In this guide I put together, I’ll share the key factors to consider when hiring a real estate appraiser in the Birmingham, Alabama area or wherever you live to help you make an informed and confident choice.

Appraisal 73

Appraisal Agents Valuation Real Estate 73

AmeriMac

APRIL 30, 2024

By providing an unbiased opinion of value, the appraisal adds credibility to the seller’s asking price and helps attract serious buyers. Commercial real estate appraisals are an integral part of buying or selling commercial properties. For buyers, a commercial appraisal helps ensure that they are not overpaying for a property.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

McKissock

MAY 6, 2022

Do so only if those comps are necessary for you to create a credible estimate of value. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. It requires more work, so you want to be sure that you are charging for your effort. Learn more.

Construction 86

Construction Appraisal Inspection Development 86

Birmingham Appraisal

JUNE 13, 2023

Appraisers are independent and impartial professionals who must follow strict standards and guidelines. Trying to influence or pressure them will only damage your credibility and relationship with them. Trying to influence or pressure them will only damage your credibility and relationship with them.

Real Estate Agent 81

Real Estate Agent Real Estate Agents Reconsideration of Value 81