The Robert Weiler Company

OCTOBER 15, 2021

Tip #5: Hire a professional Ohio real estate appraiser to assess the Columbus, Ohio commercial property for sale before signing. In addition to hiring an attorney, assemble a team of experts, particularly professional commercial property appraisers to assess the property prior to signing. in decades.

Investing 138

Investing Real Estate Tenants Investors 138

Appraisal Today

JUNE 23, 2023

Attorney Peter Christensen, general counsel at the Christensen Law Firm in Bozeman, Montana, notes that lawsuits against individual residential appraisers, or small residential AMCs, are fairly rare, and successful suits rarer still. Fannie has been upfront about its interest in developing appraisal “alternatives.”

Appraisal 85

Appraisal Real Estate Valuation Contracts 85

McKissock

AUGUST 13, 2021

And although it shouldn’t, it may unintentionally influence the appraiser’s comparable selection and eventually impact a direction in value. Maybe looking at the sales contract only after developing the appraiser’s opinion of value would help avoid the above concern? Written by Steven W. Vehmeier.

Contracts 64

Contracts Appraisal Market Value Real Estate 64

Housing Wire

MARCH 9, 2021

The Department of Housing and Urban Development (HUD) has announced that JPMorgan Chase has come to an agreement with a Black homeowner who claimed the bank’s mortgage division – relying on a valuation done by an appraiser – valued her home at an amount lower than its actual worth because of her race.

Reconsideration of Value 458

Reconsideration of Value Appraisal Valuation Appraisal Process 458

Appraisal Hub

FEBRUARY 15, 2024

Real estate appraisal, whether residential or commercial, is a critical component in the valuation of property assets. In Toronto, a city with a vibrant and diverse real estate market, the distinction between residential and commercial appraisals is particularly significant. At Appraisal Hub Inc.,

Real Estate 78

Real Estate Appraisal Appraisal Process Inspection 78

Housing Wire

JULY 29, 2021

The interagency task force to combat inequity in appraisals, led by Housing and Urban Development Secretary Marcia Fudge, will be co-chaired by former United Nations ambassador Susan Rice. A long history of federal redlining led to neighborhood boundaries and unequal property values, and appraisal practices reenforced those standards.

Appraisal 545

Appraisal Valuation Training Law 545

Appraisal Today

DECEMBER 2, 2022

Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. Completing Evaluations in compliance with the Interagency Appraisal and Evaluation Guidelines. Compliance with Fair Housing laws, rules, and regulations. which can relate to valuation. They provide CMAs, etc.,

Appraisal 80

Appraisal Agents Real Estate Real Estate Agent 80

Realvals

JUNE 18, 2023

Estate Taxes In some cases, local laws may require appraisals for estate tax purposes. Depending on the total value of the real estate and/or the location of the property, taxes may be owed for the real estate. It is important to work with a certified appraiser to comply with these regulations and avoid potential penalties.

Appraisal 145

Appraisal Property Taxes Real Estate Market Value 145

McKissock

DECEMBER 3, 2021

These sessions were well-attended and featured some spirited discussion; participants included some of the most respected names in the appraisal profession. The task force itself does not have the authority to pass laws or promulgate regulations. Many of the individual agencies represented on the task force (HUD, VA, FDIC, CFPB, etc.)

Appraisal Process 80

Appraisal Process Law Property Appraisal Government 80

Clear Capital

JUNE 21, 2022

When Freddie Mac published the study, “ Discovery of Racial and Ethnic Valuation Gaps In Home Purchase Appraisals ” in late 2021, its conclusion, “that Black and Latino applicants receive lower appraisal values than the contract price more often than White applicants,” sent shockwaves through the mortgage industry.

Valuation 69

Valuation Technology Lending Real Estate 69

Clear Capital

APRIL 9, 2022

In late March, the Biden Administration released its Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) report. Designed to mitigate bias in the real-estate appraisal process, the report recommended a multi-pronged approach to change how homes are valued and sold in the United States.

Valuation 36

Valuation Appraisal Process Real Estate Law 36

Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. According to Freddie Mac’s equitable housing finance plan, it could be the expansion of automated valuation models.

Appraisal 329

Appraisal Valuation Inspection Law 329

Housing Wire

FEBRUARY 7, 2022

Few things terrify lenders more than the arrival of a manila envelope from the Department of Housing and Urban Development ( HUD ) containing a redlining allegation. Redlining “is not even on the radar of their board or senior management,” she said.

Insurance 359

Insurance Modernization Lending Mortgage 359