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How To Appraise Rural Properties

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

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Why Appraisal Workfiles Are Important

Appraisal Today

Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. This is one of the appraisal discrimination cases that has received significant attention – among appraisers, the media and government agencies. Lanham, 20/20 Valuations, and loanDepot.com, U.S. District Court, Maryland. percent from 6.93

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Non-Arms Length Sales for Appraisers

Appraisal Today

What should appraisers look for in a sales contract? The One-Mile Rule: Prudent Policy or Modern Day Redlining? The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.24 The average contract interest rate for 15-year fixed-rate mortgages increased to 6.75

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Appraisers Riding the Waves of Up and Down Mortgage Rates 

Appraisal Today

Once again, modern brain-body science jumps ahead and teaches me things. At first glance, it might not register that most of this modern-industrial home in Northern California was built in a factory, delivered by a truck, and assembled on-site. The average contract interest rate for 15-year fixed-rate mortgages decreased to 6.89

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Apps for Appraisers

Appraisal Today

Designed and built by world-renowned contractor, Matt Construction, interior designers Meyer Davis and architects Shubin + Donaldson, no expense was spared in constructing this exceptional estate over a six-year period. Government purchase applications provided a bright spot, increasing 2.4 baths, 34,380 square feet, 2.65

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Maintain that Workfile

Appraisal Buzz

The uncertainty, turmoil, and government interest in oversight and intervention caused by allegations of racial and ethnic bias in real property appraisal is cause for concern. All the talk and attention given to appraisal modernization, appraisal waivers, desktop and hybrid appraisals contributes to anxiety.

Appraisal 417
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How to Find Comps With Few Sales

Appraisal Today

Resembling a modern French Chteau, it features a freshwater lake, manicured gardens, and three levels of luxurious living spaces. A local lender gave me an appraisal assignment on the proposed construction of 7 units in the city. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.91