Appraisal Buzz

APRIL 15, 2024

By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD). These codes, or language, make sense to appraisers but confuse uninitiated readers of our reports. No longer will appraisers find the right field and check the right box.

Appraisal 397

Appraisal Design Lending Technology 397

Padove Appraisal Service

FEBRUARY 27, 2023

When selecting an appraiser, it’s important to choose someone who is licensed and qualified to perform the type of appraisal you need. Many appraisers’ professional experiences are limited to mortgage appraisals. They may not be familiar with reporting requirement for other appraisal purposes.

Appraisal 145

Appraisal Real Estate Real Estate Agent Legal 145

Appraisal Today

MARCH 15, 2024

Kiedrowski The most recent statistics show Value Acceptance accounts for up to 40% of all mortgage approvals. It is presented as part of the GSEs “Appraisal Modernization” initiative, which aims to streamline the mortgage appraisal process. The average contract interest rate for 5/1 ARMs was unchanged at 6.38

Appraisal 70

Appraisal Inspection Modernization Business 70

Birmingham Appraisal

APRIL 11, 2023

Today I’m going to share my top tips for choosing comps from an appraiser’s perspective. If agents can use the same techniques an appraiser uses the likelihood of there being a big discrepancy between the contract price and appraisal is reduced.

Realtors 85

Realtors Bracketing Agents Buyers 85