article thumbnail

Why Appraisal Workfiles Are Important

Appraisal Today

More significantly, loanDepot.com agreed to an extensive revamping of: (a) its reconsideration of value practices; (b) fair housing/non-discrimination training requirements; (c) statistical tracking of appraisal outcomes; and (d) training and contractual requirements for AMCs and appraisers. built in 1825 Excerpts: 8 bedrooms, 5.5+

article thumbnail

The Housing Market Has Become Like the Pymatuning Spillway

Cleveland Appraisal Blog

So many visitors have stopped by over the years, that they renovated the area to make it more visitor friendly, with better parking and a nicer observation area. When an appraiser’s opinion of value is below the contract price, that’s when the carping begins. I had new construction sales that were very comparable.