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Why Appraisal Workfiles Are Important

Appraisal Today

Particularly when speaking about the workfile, for my money, the most dangerous words in USPAP are “or references to the location(s) of such other data, information, and documentation.” Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. I’ve seen this happen. Systems fail.

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Appraisal Institute Counters Flawed Appraiser Bias Narrative

Appraisal Today

For too long, appraisers have faced sweeping claims that their valuations are biased against certain groups, despite appraisers’ ethical standards, rigorous training, and lack of financial stake in transactions. To read more, including the full document, Click Here My comments: Read it. It is human nature. bath, 5,258 sq.ft.

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Appraisers: Be Careful with Your Words

Appraisal Today

by Dave Towne Excerpts: Appraisers, on July 17, 2023, a document from Freddie Mac was circulated to numerous appraisers around the US which identified certain words and other info that can be considered to be ‘BIASED’ in appraisal reports. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.80

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From Industrial to Retail: A Deep Dive into Evaluating Commercial Real Estate

The Robert Weiler Company

When buying commercial real estate in Ohio or beyond, you must have access to a roster of current tenants, service contracts, and maintenance records. The earlier you receive this documentation, the better it can help you prepare for future challenges (like nonpayment) and begin an early outreach process.

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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. = The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.39

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Planning Your Data Capture Strategy for 2024

GoForrmz

Electronic Signatures for Streamlined Processes One integral aspect of modern data capture is the integration of electronic signatures. This is a great way to get contracts and approvals handled in seconds while minimizing the paperwork burden on your team, customers, and vendors.

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Conservation Easement in Ohio: A Guide to Protecting Our Treasured Land

The Robert Weiler Company

The importance of a fully modern open space preservation vehicle – a conservation easement in Ohio – cannot be better summarized than by our 26th President. A simple conservation easement definition is a legal contract to protect private land, permanently. A contract between the landowner and the buyer is legally binding.

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