Housing Wire

DECEMBER 11, 2020

The FHFA directed the GSEs to begin using both drive-by appraisals and desktop appraisals in certain circumstances to ensure that the mortgage process is not held up due to appraisal issues.

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Lending Appraisal Inspection Property Appraisal 539

Miller Samuel

APRIL 27, 2019

The bill summary was: Relates to the registration of real estate appraisal management companies or an individual or business entity that provides appraisal management services to creditors or to secondary mortgage market participants including affiliates by the department of state.

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Appraisal Today

MARCH 15, 2024

This is an excellent diversification opportunity, with little competition from other appraisers or the GSEs use of other ways to get a value without human appraisers. You can expand your area to include rural appraisals to get more business. This kept appraisers busy. There may be seminars available.

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Housing Wire

APRIL 24, 2023

Lanham said the label had a “devastating impact” on his reputation, business, livelihood and well-being. Among them, Lanham said the property next door was listed for sale at $500,000 and had been lowered to $475,000 only 10 days after he had completed his appraisal.

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Housing Wire

AUGUST 3, 2022

Arcapita said at the time that with “appraisals being a regulatory requirement for mortgages for new home purchases, refinancing, and foreclosures, the $7.5 billion real estate appraisal services market has cumulatively grown by 32% since 2008.”.

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Appraisal Today

MAY 19, 2023

I have been reading about using Chat GPT for appraisal marketing and narrative reports, but this is the first I have read about form reports. Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!!

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Appraisal Business Contracts Real Estate 52

McKissock

APRIL 20, 2021

But with a majority of the mortgage appraisal volume being engaged through appraisal management companies, as an appraiser, working with AMCs is almost a necessity today. One way to boost your business is by working smarter with your AMC partners. We love to hate them. Manage your workload.

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Birmingham Appraisal

JUNE 7, 2023

In this blog post, I will explore how residential real estate appraisers can assist accountants in their work, highlighting specific examples of their contributions. Determining Asset Values for Financial Reporting Enhancing Financial Accuracy with Appraisals Accurate financial reporting is essential for businesses and individuals alike.

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Genworth MI Blog

JUNE 27, 2019

Let’s walk through tips and pointers to help guide you through the do’s and don’ts of communicating with an appraiser, along with tips on how to support your argument when appealing an appraisal. Communicating with the Appraiser: Do’s and Don’ts. A Few Basics. Market value has some key elements that we must understand.

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Appraisal Tips Appraisal Law Market Value 78

Genworth MI Blog

JUNE 27, 2019

Let’s walk through tips and pointers to help guide you through the do’s and don’ts of communicating with an appraiser, along with tips on how to support your argument when appealing an appraisal. Communicating with the Appraiser: Do’s and Don’ts. A Few Basics. Market value has some key elements that we must understand.

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Appraisal Tips Appraisal Law Market Value 78

AmeriMac

JULY 25, 2022

This article discusses what an appraisal requires, why it needs to be reviewed and the methods involved in arriving at both conclusions. What Is an Appraisal? An appraisal is the fair valuation of a property based on a professional’s opinion, mainly if the payment method includes a mortgage.

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Housing Wire

NOVEMBER 19, 2021

In the high-demand markets of Florida’s Franklin, Indian River, Jefferson, Suwannee and Walton counties, appraisal fees will increase to $750 from the current cap of $500, and turnaround times will increase to 10 business days. The post VA hikes appraisal fees, turn-times in select markets appeared first on HousingWire.

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Housing Wire

MARCH 21, 2022

The main flaws, according to appraisers, are the third-party vendors that UWM uses to run the appraisal program. Appraisers dislike Anow , the program’s appraisal management software, and Stripe , its payment processing platform. Appraisers have called the Anow platform “busy” and “confusing.”

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Housing Wire

SEPTEMBER 9, 2020

Susan Hamblen, broker and owner of Long Island-based EXIT Realty Achieve , said that her agents are slammed with business, and homes that are “priced right” are getting offers within the first 24 hours. For our seller-clients, we were counseling them on how the buyers waive appraisals or waive mortgage contingencies,” Cordano said.

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Housing Wire

SEPTEMBER 21, 2021

This change not only affects HUD but affects the industry as it has already committed, allocated resources, and begun integrating FHA Catalyst into its business processes,” the IG noted. The post Lenders mandated to use FHA Catalyst for appraisals appeared first on HousingWire.

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McKissock

DECEMBER 28, 2021

Appraisers recently contacted by McKissock tend to agree that the profession will go generally well in 2022, with no major changes to the real estate market and no events on the horizon that could seriously upset appraisers’ business. Desktop appraisals, with information provided by third-party hirelings, may increase.

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Housing Wire

AUGUST 22, 2022

The second appraiser pulled comps throughout all of Homeland that were selling from $749,000 to $785,000, significantly higher value than those selected by Lanham. The second appraiser deducted $15,000 or 2% for not being on a busy road while Lanham took out $50,000, or 10% from the comps.

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