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Modernizing Appraisals: Collaborative Valuation

Appraisal Buzz

This article was originally published in the Fall 2021 Appraisal Buzz Magazine here. Our profession has been abuzz the last year or two with regards to the GSEs being mandated to modernize the appraisal profession. Why are appraisers essentially being excluded from the conversation about modernizing the profession?

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Race and the Property Valuation Industry

Appraisal Buzz

Only the wife was at home to greet the appraiser when they arrived to inspect her home. 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. Let’s unpack this situation…. Perception.

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Beyond the Hype: Fannie Mae Announcement SEL-2023-02

McKissock

Most important and relevant to appraisers was the first topic, titled “Valuation modernization,” which is an update to the Selling Guide that allows more options for valuation, including alternatives to traditional appraisals. For example, it is widely expected that the U.S. Foreclosure numbers are trending upward.

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Beyond the Hype: Fannie Mae Announcement SEL-2023-02

McKissock

Most important and relevant to appraisers was the first topic, titled “Valuation modernization,” which is an update to the Selling Guide that allows more options for valuation, including alternatives to traditional appraisals. For example, it is widely expected that the U.S. Foreclosure numbers are trending upward.

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How To Appraise Rural Properties

Appraisal Today

Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation. It is not hard to learn the valuation factors. Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? I hate this time change. By Dallas T.

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What renovations will add value to my home?

Housing Wire

The kitchen is also one of the areas that is commonly in need of modernization, from outdated appliances to antiquated cabinet styles. That being said, we look at certain items on our inspections that play into the final valuation depending on the home.”.

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Be A Crack Detective

Cleveland Appraisal Blog

Perhaps the title of this article makes you think of the comic series from the 1942-1949 named the “ Crack Detective “ Well, probably not. I have shared it at the end of this article. So, we will call for an qualified professional to inspect the situation to see what, if anything, needs to be done. STRUCTURAL.

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