McKissock

FEBRUARY 23, 2021

This course focuses on the common elements between divorce and estate appraisals, with primary emphasis on how they are different from standard mortgage lending appraisals. It covers form differences, USPAP issues, and assignment conditions. “This is a great class for anyone doing non-lender work!

Appraisal 52

Appraisal Inspection Development Design 52

DataMaster

JUNE 15, 2023

. — also known as short-term rentals (STRs) — to claim STR income as part of the borrower qualifications side of the lending decision. However, the GSEs did not make a parallel change to the property qualification side of the lending decision. This is creating significant friction in the lending environment.

Appraisal 148

Appraisal Tenants Investors Business 148

DataMaster

JUNE 15, 2023

. — also known as short-term rentals (STRs) — to claim STR income as part of the borrower qualifications side of the lending decision. However, the GSEs did not make a parallel change to the property qualification side of the lending decision. This is creating significant friction in the lending environment.

Appraisal 78

Appraisal Tenants Investors Business 78

McKissock

DECEMBER 28, 2021

It’s likely that the task force’s recommendations will be adopted by most of the major players in the residential mortgage lending arena. Over the past several years, the single largest source of business for real property appraisers has been residential mortgage lending, specifically mortgage refinances.

Appraisal 96

Appraisal Reconsideration of Value Real Estate Property Appraisal 96

Simonson Real Estate

JULY 10, 2020

An appraisal is an objective, impartial, and unbiased opinion about the value of real property prepared by a State Licensed or Certified professional appraiser. Appraisers assemble a series of facts, statistics, and other information regarding specific properties, analyze this data and develop opinions of value. Value Scenarios.

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

Simonson Real Estate

DECEMBER 6, 2022

We’re grateful to work across several states and with so many great clients! We believe it’s important for appraisers to communicate with their clients to avoid surprises and ensure the appraisal process is as smooth as possible. The goal of this article is to help lenders, banks reviewers and appraisers.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

Empire Appraisal Group

JULY 28, 2022

Other government lending institutions (Freddie Mac, FHA, VA, and Rural Housing) indicate that they’ll accept the ANSI standard, but it’s unclear if they’ll accept Fannie Mae’s protocol when there are portions of the property that are used as living space but aren’t classified as living space under ANSI.

Agents 78

Agents Appraisal Valuation Realtors 78

Appraisal Today

SEPTEMBER 1, 2023

If the appraisal is for lending purposes, be sure to find out if it is “lendable” before spending much time on it. Possibilities include: Notify the client of potential for delays in delivery dates. As a side note, after much ado — the real property Standard 1 has only one word change in five years.)

Appraisal 79

Appraisal Contracts Mortgage Real Estate 79

Appraisal Today

NOVEMBER 20, 2022

FNMA indicates that their 2022 lending volume is down 47% from 2021 and is expected to drop by another 50% in 2023. From accusations of bias or discrimination to failure to disclose significant real property appraisal assistance, it can be really alarming if a licensing board reaches out and notifies you of a complaint.

Appraisal 52

Appraisal Real Estate Agent Real Estate Contracts 52

Appraisal Today

SEPTEMBER 9, 2022

Maintain USPAP compliance – Confirm the ROV request came from your client, either directly or through the client’s AMC, acting as an agent for the client, or other party designated as an agent by the client. Get the relevant date of value from the client or client’s attorney. Excerpts: 2.

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52