Appraisal Buzz
APRIL 15, 2024
By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD). These codes, or language, make sense to appraisers but confuse uninitiated readers of our reports. The appraiser will be led through a process, defined by the scope of work.
Housing Wire
DECEMBER 11, 2020
Earlier this year, citing the extraordinary circumstances that the country is facing with the ongoing spread of the coronavirus, the Federal Housing Finance Agency directed the government-sponsored enterprises to ease their standards for both property appraisals and verification of employment.
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Housing Wire
SEPTEMBER 21, 2021
The FHA Catalyst: Electronic Appraisal Delivery module will allow for the administration to expand their data collection and analysis capabilities. Meanwhile, lenders can electronically submit, track and manage single-family property appraisals, the FHA said.
Appraisal Hub
JULY 29, 2021
The COVID-19 pandemic has made a significant impact on economies and businesses around the world. Lockdown measures have caused business closures and limited business activity. Many people lost their jobs—and this put homeowner who cannot keep up with their mortgage payments at risk of losing their property.
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.
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.
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. You can expand your area to include rural appraisals to get more business.
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