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Appraisal modernization: The times they are a-changin’

Clear Capital

Unfortunately, several myths and misconceptions around appraisal modernization persist, resulting in many within our field being unable to move forward and embrace needed change. . A primary example of one of these mistaken beliefs is that modernization efforts will diminish an appraiser’s importance.

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Three Types of Commercial Real Estate Obsolescence

Property Metrics

In other words, a property could become functionally obsolete when its design, style, amenities, or technology no longer meet the needs and/or expectations of modern tenants. Modern tenants require high speed internet connections, strong cellular reception, advanced security features, and modern audio/video capabilities.

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Appraisers: Be Careful with Your Words

Appraisal Today

bath 4,000sqft 0.35acre lot, Pending sale This futuristic home is new construction that took years to design and build made of steel frame construction cantilevering in what seems to be thin air. The centerpoint of the home’s attraction is the over- the- top contemporary design unlike anything seen in the region.

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Can 3-D printed homes help solve the housing crisis?

Housing Wire

To Ballard, 3D printing technology is evolving to solve a crisis in modern day America and the world: The failure to meet people’s demand for housing. A former Texas A&M cross country and track athlete and Episcopalian minister, Ballard in 2011 co-founded TreeHouse , a retailer to sell environmentally friendly home construction materials.

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Chat GPT For Fannie Form Appraisal Reports

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on hybrid appraisals, business tips, UAD info from Freddie, Fannie modernization, non-lender appraisals, unusual homes, mortgage origination stats, etc. = Built in 2014, the six-bedroom estate was designed to resemble an English manor. and Conditionality.

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OSHA Fines Increasing with Multiplier

GoForrmz

This means 10 construction workers lacking adequate fall protection on a job site could potentially mean a $15,625 fine times 10, or $156,250. Prior to this plan, violations were grouped, meaning if 10 construction workers lacked proper PPE, the fine would only be $14,502.

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What is Your Appraiser Level? Why Does It Make a Difference?

Appraisal Today

Even the larger appraisal firms (with deep pockets) who’ve spent the last few years aggressively training and recruiting appraisers, acquiring small appraisal firms, and rolling up their competitors have rapidly changed their tone. Budget cuts. Retraction. To read more, click here My comments: Very interesting!