AmeriMac

MARCH 25, 2021

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. Unfortunately, working with licensed appraisers can be a difficult task.

Appraisal Process 36

Appraisal Process Appraisal Property Taxes Buyers 36

Appraisal Today

APRIL 7, 2023

How to Manage Your Emails By Paul Ryll Excerpts: My mother told me today that she called last night and was greeted with, ‘The mailbox is full and cannot accept any messages at this time. AMCs Assuring that the appraiser has the correct contact information for an inspection is very important. Work on organizing your emails.

Appraisal 52

Appraisal Property Taxes Reconsideration of Value Contracts 52

AmeriMac

MARCH 25, 2021

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. Unfortunately, working with licensed appraisers can be a difficult task.

Appraisal Process 28

Appraisal Process Appraisal Property Taxes Buyers 28

Appraisal Today

JANUARY 27, 2023

Appraisal Changes By Dan Bradley Excerpts: On January 18, 2023, HUD issued an announcement regarding revisions made to Handbook 4000.1. The most significant of these revisions was the elimination of the requirement to include the 1004MC form as an attachment to the appraisal report. effective 9/14/15. FHA Handbook 4000.1

Appraisal 52

Appraisal Contracts Transportation Real Estate 52

Appraisal Today

OCTOBER 28, 2022

VA Update for Appraisers. Interview with VA’s Chief Appraiser. Excerpts: …the United States Department of Veteran Affairs (VA), is known throughout the valuation community for respecting the work of appraisers and maintaining reasonable fee schedules. Do you anticipate requiring ANSI on VA appraisals in the future?

Appraisal 52

Appraisal Contracts Mortgage Valuation 52

Appraisal Today

SEPTEMBER 23, 2022

Excerpts: Commentary from a (Ryan) appraisal: Here is a bit of commentary in one of my recent appraisal reports. For now, it is most reasonable to categorize the market as having growing uncertainty and blatantly inflamed downward seasonal price declines compared to a normal seasonal trend. By Ryan Lundquist. To be determined.

Appraisal 52

Appraisal Marketing Business Contracts 52

Appraisal Today

APRIL 12, 2024

Desktop Appraisals: Who, When, and Why Excerpts: The ability to identify property characteristics without a personal inspection is not a new concept. Similarly, while not identical, appraisers generally use the cited sources above to identify the physical characteristics of comparable sales in their appraisals.

Appraisal 76

Appraisal Construction Contracts Architecture 76

Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. However, these restrictions may also limit modifications, potentially affecting the property’s market appeal. Worth reading.

Appraisal 79

Appraisal Contracts Training Architecture 79

Appraisal Today

DECEMBER 23, 2022

Excerpts: The property to be appraised is atypical. Some of the key physical features that can make an appraisal assignment complex include: The form of ownership is atypical. In this case, circumstances involving ownership are uncommon or make the appraisal more complex. My comments: Worth reading with good tips.

Appraisal 52

Appraisal Contracts Mortgage Modernization 52

Appraisal Today

APRIL 28, 2023

Appraising Solar Panels By Mark Buhler Excerpts: You drive up to the property. First: How do appraisers value any amenity of a property? Appraisal 101 would suggest the matched pairs analysis. Now let’s continue with that reasoning: “Due to a lack of comparables with solar panels, no contributory value can be extracted.”

Appraisal 52

Appraisal Real Estate Business Contracts 52

Appraisal Today

NOVEMBER 17, 2023

4 Myths About Property Data Collection By McKissock Excerpts: Myth #1: PDC is the same thing as property appraisal As a professional appraiser, you know very well that what a property data collector does is not the same as what you do — even if your clients don’t always understand the difference. Trainees can do them.

Appraisal 69

Appraisal Modernization Training Business 69

Appraisal Today

JANUARY 12, 2024

FHFA Report: Underutilization of Appraisal Time Adjustments Published: 1/8/2024 Excerpts: Fannie Mae, Freddie Mac, and Federal Housing Administration appraisal guidelines require such adjustments whenever market conditions have been changing. To read more, Click Here My comments: Check out the very good graphs.

Appraisal 67

Appraisal Contracts Mortgage Marketing 67

Appraisal Today

FEBRUARY 9, 2024

How do appraisers consider appliances? also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.” By Daniel A.

Appraisal 79

Appraisal Contracts Insurance Construction 79

Appraisal Today

SEPTEMBER 29, 2023

How to Identify a Single-Family with ADU vs. Two-Family Property By McKissock Excerpts: The presence of an additional living unit can complicate the appraisal process. It may make it difficult for you, the appraiser, to know how to classify the subject property. Check the regulations in your state, county, or city.

Insurance 78

Insurance Appraisal Contracts Mortgage 78

Appraisal Today

NOVEMBER 10, 2023

More Objective Appraisals: A Practical Guide for Appraisers By Scott Reuter Single-Family Chief Appraisal Officer, Freddie Mac Excerpts: Changing the Mindset – Facts First What’s the number one thing appraisers should be doing when they develop an appraisal? Stick to the facts. Not just a list of words and phrases.

Appraisal 62

Appraisal Contracts Design Mortgage 62

Appraisal Today

JANUARY 26, 2024

New USPAP Q&As January 16, 2024, the Appraisal Standards Board released new Questions and Answers covering important topics in the profession today including: Demographics Does demographic information relating to race (such as Census data) constitute “information relating to” a protected characteristic? baths, 16,225 sq.ft.,

Contracts 84

Contracts Appraisal Mortgage Inspection 84

Appraisal Today

JUNE 24, 2022

Appraisals and Water Frontage. That bit of news made quite a few folks very unhappy and had a distinct impact on the value of those units. The moral of this story is that when you see open land between your subject property and the water, review ownership and the local building and zoning department’s comprehensive land use plan.

Appraisal 52

Appraisal Contracts Mortgage Real Estate 52

Appraisal Today

SEPTEMBER 9, 2022

Excerpts: Suggested protocols for responding to Reconsideration of Value requests. Maintain USPAP compliance – Confirm the ROV request came from your client, either directly or through the client’s AMC, acting as an agent for the client, or other party designated as an agent by the client. Reconsideration of Appraised Value.

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52

Appraisal Today

JULY 15, 2022

Debate on Appraising Short-Term Rentals. Excerpt: What can appraisers learn when it comes to short-term and long-term rentals? What role does an appraiser take when sorting between the two? What can appraisers learn when it comes to short-term and long-term rentals? This is not typical for a single family home.

Appraisal 59

Appraisal Inspection Contracts Business 59