Appraisal Today

OCTOBER 20, 2023

Fannie Mae Filed a Complaint Against Me October 18, 2023 Excerpts: In June of 2021, I completed an appraisal for a conventional purchase. To read more click here My comment: Very interesting. The appraisal was ordered by an AMC on behalf of a lender. My subject was a mountain cabin, in reasonably close proximity to a National Park.

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Appraisal Today

JULY 14, 2023

Three large en-suite bedrooms and office on the main plus a large daylight lower-level flex space (guest suite/gym or media room) with ¾ bath, kitchenette and floor to ceiling glass doors leading to the pool. Expansive limestone terrace overlooking the rose garden, specimen trees and level lawn. The 8,000+ sq. 3 bedrooms.

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Appraisal Today

JANUARY 5, 2024

NOTE: Please scroll down to read the other topics in this long blog post on New CA bias classes, 2024 New Years resolutions, 2024 goals, unusual homes, mortgage origination stats, etc. Five USPAP Myths Dispelled in 2024 USPAP By Daniel A. These represent the first changes to USPAP in four years. Excerpts: 4 Bedrooms, 4.5 baths, 4,000 sq.ft.,

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Appraisal Today

AUGUST 4, 2023

In a truly Orwellian move, mortgage giant Freddie Mac recently announced its intent to censor an arbitrary collection of words such as “desirable,” “safe,” “well-kept,” “student” and “crime” when they appear, in any context, in the hundreds of thousands of appraisal reports it relies on in mortgage underwriting.

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Appraisal Today

JULY 28, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non lender appraisals, USPAP and Bias, Fannie changes, unusual homes, mortgage origination Futuristic in Folsom, CA, near Sacramento for $2,395,000 4bed 4.5+bath Here is the Link to the Bulletin. In other words, the physical structures tied to the land.

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Appraisal Today

JULY 7, 2023

To read more, click here My comments: Long article and worth reading. Appraiser Countersues Black Plaintiffs Who Alleged Discrimination by Isaac Peck, Publisher WorkingRE There are now a number of lawsuits facing appraisers where the primary allegation is racial discrimination. Tate-Austin v. Janette Miller, filed in California in Dec.

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Appraisal Today

FEBRUARY 24, 2023

What Level Appraiser Are You? Do you still feel the same level of assuredness? These questions help us to start to gauge our current level. A Level 1 appraiser checks boxes. A Level 2 appraiser adds explanations, graphs, and charts to those boxes. A pro-level appraiser may use a form. Are your legs shaking?

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Appraisal Today

JUNE 10, 2022

Loan applications are way down, the lowest in 22 years. The Inevitable Cyclicality of Mortgage Lending. NOTE: Please scroll down to read the other topics in this long blog post on declining mortgage loans, real estate market, unusual homes, mortgage origination stats, etc. ==. To read more, click here. This is the past.

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Appraisal Today

AUGUST 19, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Condo risks, mortgage origination volume down, 4 high growth appraisal companies, cost cutting tips, unusual homes, mortgage origination stats, etc. ==. Mortgage applications hit 22-year low (since 2000), lending activity suffers.

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Appraisal Today

JUNE 23, 2023

NOTE: Please scroll down to read the other topics in this long blog post on AVMs and AI, good appraisal book, Real estate market, Fannie, non-lender appraisals, unusual homes, mortgage origination stats, etc. However, it’s a good idea to know where the risks lie—and how to avoid them. As we all (should) know, any person or company.

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Appraisal Today

JANUARY 27, 2023

Appraisal Changes By Dan Bradley Excerpts: On January 18, 2023, HUD issued an announcement regarding revisions made to Handbook 4000.1. The changes outlined in the Handbook may be implemented immediately but must be implemented for FHA cases assigned on or after April 18, 2023. FHA Handbook 4000.1 so you can skip over most of it.

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Appraisal Today

AUGUST 18, 2023

The Appraisal Update Podcast 8.16.23 – MLS Cyberattack (SPECIAL REPORT) Video 18 minutes Goes through URAR form and USPAP plus many ideas on what to do. Homes Are Worth at Least $1 Million, Close to All-Time High Excerpts: The share of million-dollar-plus homes is on the upswing after dropping to a 12-month low in February.

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Appraisal Today

DECEMBER 2, 2022

NOTE: Please scroll down to read the other topics in this long blog post on George Harrison passed, Appraisal business, marketingunusual homes, mortgage origination stats, etc. To read more and see lots of interesting photos click here . NAR Urges Appraisal Foundation To Establish Equivalency Credit for Education and Experience.

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Appraisal Today

FEBRUARY 17, 2023

NOTE: Please scroll down to read the other topics in this long blog post on AMC layoffs, adjustments, your business voicemail, unusual homes, mortgage origination stats, etc. == 11 of the Most Remote Homes in the World From the “Loneliest House in the World” to the smallest inhabited island, these homes are as beautiful as they are secluded.

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Housing Wire

JANUARY 26, 2022

This article is part of our HousingWire 2022 forecast series. But what if the market conditions include historically low levels of available inventory for sale, and competing for that limited inventory with institutional investors as well as millions of millennial homebuyers? 2022 Forecast series.

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Appraisal Today

FEBRUARY 10, 2023

Fastapp AMC president, confirm what appraisers have been saying all along, that if you want high-volume AMC work, you have to lower your fees to 1980’s level, have 24 hour turn times, and, above all, be a number hitter. Very similar to the old mortgage broker days. Very similar to the old mortgage broker days. 1639e(b)(3). …

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Appraisal Today

NOVEMBER 10, 2022

Use of comparable sales data provided by interested parties to the transaction without verification by a disinterested party. 12 Unacceptable Appraisal Practices from Freddie Mac. To read more of this long blog post with many topics, click Read More Below!! 5 of the Most Ridiculously Extravagant Homes You Could Have Bought With the $1.9B

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Houston Properties

JANUARY 13, 2021

What’s shocking is (through the end of 2020) about 23% of Houston neighborhoods in specific areas are still selling at LOWER PRICES than before Hurricane Harvey hit in 2017. Worried about missing out on a boom? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. Do You Want To Buy A Home Now?

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Appraisal Today

SEPTEMBER 8, 2023

To read more, click here My comments: If you want to know more, before (or after) accepting an Airbnb appraisal, definitely read this article. The article is one of the best I have read, and includes many of the AMC, USPAP, GSE, etc. The article has a link to Richard’s webinar on the topic. But is it really that simple?

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Appraisal Today

APRIL 12, 2024

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, using new construction comps for existing homes, master planned communities, unusual homes, mortgage origination stats, etc. North Carolina’s Most Expensive Listing – $50M Excerpts: 7 bedroom 7.5+ baths, 14,450 sq.ft.,

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Appraisal Today

DECEMBER 22, 2023

NOTE: Please scroll down to read the other topics in this long blog post on answering your phone, appraiser censorship, bias, how to do graphs, unusual homes, mortgage origination stats, etc. How to Account for a Superadequacy By: McKissock Excerpts: What is superadequacy? Per The Dictionary of Real Estate Appraisal, 6th Ed.,

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Appraisal Today

OCTOBER 13, 2023

How to Level Up as an Appraiser By Conrad Meertins Jr. Do you still feel the same level of assuredness? These questions help us to start to gauge our current level. The three levels that we are going to discuss are “Beginner,” “Intermediate,” and “Pro.” It’s your choice which level you choose to pursue.

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Appraisal Today

NOVEMBER 10, 2023

To read more, click here My comments: Read this article! NOTE: Please scroll down to read the other topics in this long blog post on effect of low rates on existing home loans, Liability, Bias, FHA manufactured home changes, unusual homes, mortgage origination stats, etc. Not just a list of words and phrases. He knows what you want.

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Appraisal Today

MAY 26, 2023

NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B Roberts faces a maximum of five years in prison and will be sentenced in six months.

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Appraisal Today

JULY 29, 2022

NOTE: Please scroll down to read the other topics in this long blog post on USPAP Update Mistakes on Bias, Real Estate Market analysis, the FED raises interest rates, unusual homes, mortgage origination stats, etc. In other words, the spike in supply came from weakening demand rather than more listings hitting the market.

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Appraisal Today

SEPTEMBER 29, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, VA, flood and fires no insurance, retirement, few lender appraisals, unusual homes, mortgage origination $22M Modern Mansion on 130 Acres in Napa Has Its Own Cabernet Vineyard Excerpts: 6 bedrooms, 6.5+ Another tricky HBU issue in California!

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Appraisal Today

DECEMBER 23, 2022

NOTE: Please scroll down to read the other topics in this long blog post on unusual homes, mortgage origination stats, etc. NOTE: Please scroll down to read the other topics in this long blog post on mortgage rate forecast, Humor, adjustments, George Dell, unusual homes, mortgage origination stats, etc. ==. Very funny!!

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Appraisal Today

APRIL 2, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Fannie Update: UAD and New “Forms”, concessions, non-lender appraisals, unusual homes, mortgage origination stats, etc. I have seen articles from all over the world about groups living in caves in the distant past.

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Appraisal Today

APRIL 1, 2023

This begs the question of why two reviewers went out of their way to compliment my work, when it seems that almost every mortgage assignment that I complete for a production group, comes back with stipulations. You could send a link to this article to a Very Picky or Very Supportive reviewer.> Boy I wish I had that one in writing!

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Appraisal Today

JUNE 24, 2022

My research discovered that the open field had just been purchased by a group that was building a four-level high-and-dry boat storage building. Appraisals and Water Frontage. Excerpts: What about an off-site water view? In a large townhouse-style condominium complex, there were only eight units that had water views.

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Appraisal Today

DECEMBER 9, 2022

Excerpts: To cut down on appraisal revision requests, it is important to keep these best practices in mind: Communicate in a timely manner. Address the request thoroughly and professionally. Add additional commentary where appropriate. Ask questions. Explain ‘How’, not ‘Why’ in the appraisal report. Reduce lengthy commentary.

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Will Springer Realtor

APRIL 10, 2024

Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M. While the NAR denies any wrongdoing, the proposed settlement promises significant changes in how business is conducted in the real estate market.

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Will Springer Realtor

MAY 9, 2023

month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 months in Q2 of 2022, according to a survey conducted by John Burns Research & Consulting. Owners are investing about $475B ( yes, billion! annually in home improvements across the U.S.,

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Appraisal Today

SEPTEMBER 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on AMCs, appraisal business, real estate market, unusual homes, mortgage origination stats, etc. =. To read more and see lots of interesting photos, click here . Appraisers: What should you have in your car? Voltage detector: To determine whether wires are live.

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Will Springer Realtor

JULY 8, 2022

The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. annualized for May – mortgage rates will remain high. for 30-year conventional financing. We’re watching it to see what will happen.

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Housing Wire

MARCH 22, 2024

Before meeting with a mortgage lender, buyers should have a clear picture of their finances. Last but not least, when things go wrong — and something usually goes wrong at some point — it’s in the buyer’s best interest to have a lender on call who’s easily accessible. This way, you’re providing value from the start. Plan for lifestyle.

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Appraisal Today

JULY 22, 2022

NOTE: Please scroll down to read the other topics in this long blog post on sex dungeon, appraisal violations, complaints, liability, unusual homes, mortgage origination stats, etc. Excerpts: Updated guidance, including some new and substantively revised FAQs. A few of the Q&As. I did not compare it to the original Fannie FAQs.

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