McKissock

FEBRUARY 23, 2021

Want to know which CE courses are trending right now among your fellow real estate appraisers? McKissock’s Unlimited Learning Members enjoy unlimited access to online appraisal classes and a variety of professional development videos, checklists, and other resources. Appraisal of Owner-Occupied Commercial Properties.

Appraisal 52

Appraisal Inspection Development Design 52

DataMaster

MARCH 17, 2021

This Opinion addresses Fair Housing Laws: Avoiding Bias in Real Property Appraisal and Appraisal Review Development Reporting. With two weeks to go until the deadline for comment submissions, we urge all appraisers to make their voice heard. Advisory Opinion 16 Advisory Opinion 16 made its debut in USPAP’s 1997 edition.

Appraisal 78

Appraisal Inspection Law Property Appraisal 78

DataMaster

MARCH 17, 2021

This Opinion addresses Fair Housing Laws: Avoiding Bias in Real Property Appraisal and Appraisal Review Development Reporting. With two weeks to go until the deadline for comment submissions, we urge all appraisers to make their voice heard. Advisory Opinion 16. Advisory Opinion 16 made its debut in USPAP’s 1997 edition.

Appraisal 78

Appraisal Inspection Law Property Appraisal 78

DataMaster

JUNE 15, 2023

. — also known as short-term rentals (STRs) — to claim STR income as part of the borrower qualifications side of the lending decision. However, the GSEs did not make a parallel change to the property qualification side of the lending decision. This is creating significant friction in the lending environment.

Appraisal 148

Appraisal Tenants Investors Business 148

Housing Wire

APRIL 27, 2022

Although the lesser of the two government-sponsored enterprises by size, Freddie Mac was alone in committing to purchasing manufactured homes not titled as real property, or chattel loans, a key item affordable housing advocates had sought. Freddie Mac also recently preempted its larger counterpart on targeted lending programs.

Finance 384

Finance Real Property Government Mortgage 384

DataMaster

JUNE 15, 2023

. — also known as short-term rentals (STRs) — to claim STR income as part of the borrower qualifications side of the lending decision. However, the GSEs did not make a parallel change to the property qualification side of the lending decision. This is creating significant friction in the lending environment.

Appraisal 78

Appraisal Tenants Investors Business 78

Simonson Real Estate

JULY 10, 2020

An appraisal is an objective, impartial, and unbiased opinion about the value of real property prepared by a State Licensed or Certified professional appraiser. Appraisers assemble a series of facts, statistics, and other information regarding specific properties, analyze this data and develop opinions of value.

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

McKissock

DECEMBER 28, 2021

Nonetheless, it would be prudent for appraisers to refresh or develop their knowledge on appraising REO properties.”. It’s likely that the task force’s recommendations will be adopted by most of the major players in the residential mortgage lending arena. Many homes have equity available, unlike the 2008 housing collapse.

Appraisal 96

Appraisal Reconsideration of Value Real Estate Property Appraisal 96

Empire Appraisal Group

AUGUST 12, 2021

Appraisers use three approaches to develop an opinion of the value of a home: The sales comparison approach looks at the subject property against similar, nearby recently sold properties. Single-family Housing Policy Handbook from the Department of Housing & Urban Development (PDF, see page 578). Molitor-Gennrich.

Sellers 78

Sellers Development Appraisal Buyers 78

Simonson Real Estate

DECEMBER 6, 2022

Having worked with many different lending institutions completing new construction and planned renovation assignments, think of this article as a “best practices” reference to be shared with new lenders, credit analyst team members and borrowers navigating the commercial appraisal process for the first time.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

Housing Wire

NOVEMBER 30, 2023

Program follows a blueprint developed by the OH Association of Realtors®. Courses meet educational requirements for OH real estate licensure * Note: All Prelicense Courses meet Ohio’s 120-hour sales associate pre-licensing requirement.

Real Estate 421

Real Estate Real Estate Agent Law Inspection 421

Empire Appraisal Group

JULY 28, 2022

Other government lending institutions (Freddie Mac, FHA, VA, and Rural Housing) indicate that they’ll accept the ANSI standard, but it’s unclear if they’ll accept Fannie Mae’s protocol when there are portions of the property that are used as living space but aren’t classified as living space under ANSI.

Agents 78

Agents Appraisal Valuation Realtors 78

Appraisal Today

NOVEMBER 20, 2022

Unfortunately, because many appraisals were rarely rejected or required corrections, appraisers developed the false notion that poorly crafted appraisals were okay to turn in. FNMA indicates that their 2022 lending volume is down 47% from 2021 and is expected to drop by another 50% in 2023. What’s happening now.

Appraisal 52

Appraisal Real Estate Agent Real Estate Contracts 52

Housing Wire

MAY 25, 2022

Instead, they have opted to finance manufactured homes that more closely resemble site-built homes, are titled as real property and cost much more. Freddie Mac has sought to educate borrowers on options to convert chattel financing to real property. Freddie Mac declined to comment.

Finance 421

Finance Supply Chain Tenants Real Estate 421

Appraisal Today

SEPTEMBER 9, 2022

Excerpts: What does the appraiser do with the three different values that may be developed? Respectfully, if they had read my report and not just looked at the values, they would know exactly why they are different and how I developed them. The appraiser must now reconcile these three values into one final opinion of value.

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52