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Grants to Help Train Appraisers

Appraiserblogs

To establish grants directly to supervisor appraisers to help cover the training costs for each Trainee… Folks, this article appeared in American Banker on September 7, 2022. If you have been paying attention to appraisal related activities over the years, you will recognize the names of people quoted in this American Banker article.

Training 116
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FNMA Property Data Collectors Program Violates WV Law

Appraiserblogs

This program allows for the collection of data related to real estate appraisals by unlicensed third-party data collectors, which is in direct violation of article 38 of the state’s Real Estate Appraiser Licensing and Certification Act. ARTICLE 38. THE REAL ESTATE APPRAISER. THE REAL ESTATE APPRAISER.

Law 145
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Modernizing Appraisals: Collaborative Valuation

Appraisal Buzz

This article was originally published in the Fall 2021 Appraisal Buzz Magazine here. My solution was to hire and train a few folks that could help me develop and support my workflow and processes. The problem with trainees in most GSE and agency (FHA, USDA, AND VA) related work is that trainees cannot inspect properties.

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Increasing Diversity in Appraisal Profession.

Appraisal Buzz

This article addresses several issues with the real estate appraisal profession that are worthy of further examination and comment. The article accurately notes the lack of diversity in the appraisal profession. The article also addresses a flaw in the current licensing system for appraisers, primarily the supervisor-trainee model.

Appraisal 370
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Home Appraisal vs. Home Inspection

CP Home Appraisals

Isn’t a home inspection similar to a home appraisal? Not at all – an appraisal differs from a house inspection. Although the home appraiser will complete a rudimentary inspection of the subject property, it will be nowhere near as thorough as what a property inspector does. Do I need a home inspection as well?

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Hybrid Appraisals and the Associated Risks

Boston Appraisal

Hybrid appraisals and full appraisals differ in one key aspect, property inspection. In the course of a full appraisal, the appraiser will schedule and inspect the property themselves. For hybrid appraisals, the property inspection is completed by a third party, and that information is relayed to the appraiser.

Appraisal 135
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Appraisal Trends: Mastering Property Conditions and Location on the Appraisal Review

Genworth MI Blog

Handling property condition concerns on the appraisal report That said, if photos or notes outlined in the appraisal report cause concern for the reviewer, further inspection or repairs may be required. Property conditions that impact subject livability, soundness, and/or structural integrity may cause such further inspection/repairs.