Contracts Modernization Retail Valuation 
Appraisal Today
MARCH 15, 2024
Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation. It is not hard to learn the valuation factors. Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.
Appraisal Today
APRIL 19, 2024
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. In his private practice, Durbin focuses on complex residential valuation challenges. bath, 5,258 sq.ft. percent from 7.01
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Appraisal Today
APRIL 26, 2024
What should appraisers look for in a sales contract? The One-Mile Rule: Prudent Policy or Modern Day Redlining? In the 1930’s, appraisers (then known as valuators) were instructed to follow a rating system. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 7.01 By Dallas T.
Appraisal Today
APRIL 5, 2024
Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. Lanham, 20/20 Valuations, and loanDepot.com, U.S. They alleged that the appraiser had taken into account their race in his valuation of their home in violation of the federal Fair Housing Act and other laws prohibiting discrimination.
Appraisal Today
AUGUST 5, 2022
Excerpts from the Summary: On August 1, 2022, the Veterans Affairs released Circular 26-22-13 announcing new procedures for alternative valuation methods, effective immediately. Fannie: Learn how valuation modernization is changing collateral underwriting – Video, 1 hour, 23 minutes. percent from 5.74 percent from 5.32
Appraisal Today
JUNE 16, 2023
It also describes the risks of deficient residential real estate valuations, whether through omissions, errors, discrimination or lack of information. The finished mansion took nearly twenty years and its distinctive style is simultaneously primitive and modern, blending well into the high desert landscape. percent from 6.81
Appraisal Today
FEBRUARY 24, 2023
The real estate appraisers of old used to network more, market their services, and sell themselves more than today’s modern appraiser,” remarks Mark Skapinetz, an independent real estate appraiser in Georgia who operates a 100 percent non-lender appraisal firm. They also fail to note the size of these under-valuations. Budget cuts.
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