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Jim Amorin steps down as CEO of Appraisal Institute

Housing Wire

The residential appraisal space has been rocked by increased federal scrutiny over the past two years, with several agencies studying whether appraisers let racial bias change their valuations. In late October, the Federal Housing Finance Agency released 47 million appraisal reports to the public for the first time.

Appraisal 325
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The Difference Between Pricing a Property and Appraising It

Cleveland Appraisal Blog

Most weeks I perform appraisals for divorce or a marriage dissolution. In recent years, on several occasions, I have been hired to appraise a property after a valuation service was provided for my client by another real estate professional. But then they had to hire me to perform an appraisal. Not just annually.

Appraisal 302
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Progress now or perfect later: Improving the appraisal process

Housing Wire

I hear these phrases quite often when it comes to product and software development, but I think they apply very well to solving complex problems like transforming the property appraisal process to work better for every stakeholder. And as a bonus, the spec provides a home for digital captures of properties to be included.

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How to support credible valuations for shared equity programs

Clear Capital

Shared equity programs are growing across the country, and lenders and appraisers should understand the nuances of these programs to ensure accurate valuations. A few things to watch out for: The contract price may be considerably below fair market value and should not influence the appraised value.

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Appraiser Liability Risks

Appraisal Today

In it, Fannie boldly proclaims that they are “moving away from implying that an appraisal is a default requirement.” Fannie has been upfront about its interest in developing appraisal “alternatives.” It is rumored that FHFA approached both GSEs and asked them to “find solutions” to the “appraisal bottleneck.”

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Investing in Commercial Property for Sale in Columbus, Ohio? The Complete Beginner’s Guide!

The Robert Weiler Company

In Columbus, many commercial real estate owners are excited when asking the question, “What’s my commercial property worth?”. Consider this: According to Crain’s Chicago Business, Columbus saw the most substantial increase in total home value in the country. A recent change by the U.S. It is also where most errors often occur.

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Understanding The Reverse Mortgage Appraisal Process

AmeriMac

It’s noteworthy that appraisal management companies play a vital role in conducting the appraisal process accurately and ethically by providing licensed appraisers. Moreover, the reverse mortgage appraisal report, reflecting the current home value, significantly aids in the loan application process.