Appraisal Today

MARCH 15, 2024

Defining rural properties – USDA and GSEs Challenges of appraising rural properties Appraising rural properties presents unique challenges due to their diverse characteristics and market dynamics. Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

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McKissock

JULY 29, 2020

As part of their appraisal modernization efforts, Fannie Mae and Freddie Mac (the GSEs) have issued test forms for Hybrid and Desktop appraisal assignments. The forms will be made available to the major appraisal report software providers. Appraisers should continue to use the current URAR form for these assignments.

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East Coast Appraisal

MARCH 22, 2022

However, before applying for a mortgage refinance, you need to get approved for refinancing through refinancing appraisal. Therefore, you need to prepare your home to get a higher appraisal. This article highlights three ways to prepare your home for a refinance appraisal. As a result, you may get a low appraisal rate.

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McKissock

APRIL 6, 2021

Making small changes in your appraisal business can produce large results and make your productivity skyrocket. Now is the time to move beyond spreadsheets, modernize your company practices, and see the possibilities that come with using tools built by appraisers, for appraisers.

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Appraisal Today

JANUARY 20, 2023

People call it modern, but I think it’s more a contemporary style with its open spaces, large expanses of windows, and unconventional volumes of space,” says listing agent Pradnya Martz, of Keller Williams. An excellent way to get more appraisal business! Using a local Alameda appraiser experienced in apartments was the best option.

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Appraisal Today

AUGUST 18, 2023

Be sure to put in a comment requesting it. == The Future of Property Appraisal: Unveiling the UAD Redesign and New URAR By: McKissock August 15, 2023 At the recent Valuation Expo conference in Las Vegas, Heather Sullivan (Aloft), Ken Defeo (Fannie Mae), and Sean Murphy (Freddie Mac) provided a peek at some of the upcoming changes.

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Zillow

JULY 25, 2016

Get to know the property Every house, no matter if it's a 100-year-old Victorian or a modern marvel , should have some type of inspection before it's sold. An appraisal contingency should be added to the loan contingency as well. The property needs to appraise at no less than the purchase price.

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Appraisal Today

JUNE 17, 2022

Excerpt: We continue to see claims alleging that the rural property appraiser failed to adequately identify or report details surrounding a water source. In one claim, the appraiser correctly noted that the property was serviced by a “private water well.” I have included some of the articles below. Lower inflation?

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Boston Appraisal

APRIL 18, 2024

Mixed-use developments, which integrate residential, commercial, and sometimes industrial components within a single project, represent a modern approach to urban planning. However, appraising such complex properties presents unique challenges and opportunities for real estate professionals.

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Appraisal Today

NOVEMBER 17, 2023

4 Myths About Property Data Collection By McKissock Excerpts: Myth #1: PDC is the same thing as property appraisal As a professional appraiser, you know very well that what a property data collector does is not the same as what you do — even if your clients don’t always understand the difference.

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McKissock

NOVEMBER 24, 2022

Things to Consider when Appraising Rural Residential Properties Appraisals of rural residential properties do not conform to the typical mortgage lending underwriting expectations of urban and suburban residential properties.

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Appraisal Today

NOVEMBER 20, 2022

Fortunately, this article includes many of them in one place. ==. How to Avoid and Respond to Appraisal Board Complaints. Excerpts: Disciplinary complaints against appraisers are becoming more and more common. Failure to analyze the sales history of the subject property. By McKissock November 15, 2022.

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Housing Wire

MAY 27, 2022

Likewise, a 2021 Freddie Mac study of more than 12 million appraisals dating back to 2015 found that appraisers’ opinions of value were more likely to fall below the contract price in Black and Latino census tracts. Some researchers point to appraisal methodology as a culprit. The scope of the challenge should not discourage us.

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Clear Capital

JANUARY 5, 2023

This article originally appeared in Scotsman Guide. Waters and others are seeking legislative changes to address systemic appraisal discrimination. She is not alone in addressing bias in appraisals and housing. The intention is to have the appraisal profession better reflect the communities it serves. In 2021, 97.7%

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