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Appraisal Today
APRIL 19, 2024
This public acknowledgement of an obligation to counter the flawed “appraiser bias” narrative is an encouraging first step. In fact, appraisers’ discipline protects homebuyers and the industry from irrational biases. For a long time, since AI dropped out of the Appraisal Foundation, I have said, “I am a 35-year member of AI.
Appraisal Today
JULY 14, 2023
I was hooked the first time I used it! All appraiser E&O policies will include a “Retroactive Date” (also referred to as your Prior Acts) which is the date you purchased your first E&O policy and it is the first date where coverage is effective for your operations and activities. The 8,000+ sq. 3 bedrooms.
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Appraisal Today
SEPTEMBER 22, 2023
Very interesting. I am working on an article on Hybrid Appraisals for the November issue of Appraisal Today. The guy I followed around on appraisal inspections didn’t really take the time to explain what he was doing. Interesting comments from Bryan. Here are a few of the many survey results. Not very positive.
Appraisal Today
AUGUST 4, 2023
As with all banned words, Freddie’s list will lead to the need to ban additional words over time as appraisers, expunging the word “desirable,” will find synonyms when analyzing market reaction to the views of two homes or to the cul-de-sac location of a home versus the midblock location of a comparable. It would be hard to make this up.
Appraisal Today
OCTOBER 7, 2022
Appraisers are significantly more likely than other members to say that the most competent are not being selected most of the time (22 percent vs. nine percent) or at all (16 percent vs. six percent) and much less likely to say they are being selected most of the time (12 percent vs. 23 percent). To read the report, click here.
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+ Helena Brokerage. “I
Movoto
FEBRUARY 23, 2024
A decisive majority of home buyers ( about 80% ) rely on one of a few types of home loans available to purchase a home. Each has unique benefits, though not all types of mortgage loans apply (or are accessible) for every home sale. Conforming Loans Conventional loans come in two flavors: conforming and nonconforming.
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