Appraisal Buzz
MAY 31, 2021
The first appraiser could have been incompetent, resulting in a lower value estimate for the couple’s property. The second appraiser could also have been incompetent, resulting in an over valuation of the couple’s property. However, the husband and wife in this article are not valuation professionals. The answer….
Appraiserblogs
AUGUST 14, 2023
had characterized as race-based differences in home valuations were almost entirely due to socio-economic status, not racial bias by real estate appraisers. Related Posts: The Real Cause of the Home Value Gap Is the Income Gap Blaming appraisers for the income gap will never solve the real underlying problem.
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Housing Wire
MAY 27, 2022
There is no single silver bullet that will rectify the pernicious impact of bias in residential real estate valuations — it is a complex problem that requires a multifaceted solution. As a result, homes located in minority neighborhoods have been chronically undervalued, exacerbating the racial wealth gap.
Appraisal Buzz
NOVEMBER 29, 2021
This article was first published in the Fall 2021 Edition of Appraisal Buzz Magazine. Appraisers use three different property valuation methods: (1) Sales Comparison relates the estimated value of our subject property to similar settled, active, and pending market sales. (2) Know what average home values are in your area. (2)
Appraiserblogs
APRIL 23, 2024
In a recent discussion within the comments section of an article titled ‘The Censorship of Appraisers,’ appraiser Spencer Paul shared a concerning statement from an underwriter about an adjustment made by Fannie Mae’s Collateral Underwriter tool. Related Posts: The One-Mile Rule: Prudent Policy or Modern Day Redlining?
Cleveland Appraisal Blog
MAY 26, 2023
In recent years, on several occasions, I have been hired to appraise a property after a valuation service was provided for my client by another real estate professional. They had hired the former real estate professional to value their property for the purpose of a divorce. But then they had to hire me to perform an appraisal.
Housing Wire
FEBRUARY 27, 2024
Smart Home Price: Customized landing pages, including a home valuation tool for prospects and lead capture capabilities; you can make personal contact those who fill out your online form and express interest in learning more. Enhance your brand with custom landing pages designed to convert real estate seller leads.
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