Riverfront Appraisals

JULY 1, 2021

For the past six months, I’ve been blogging with the purpose of assisting loan officers to better understand the appraisal process. So far, we’ve covered final inspections, lending on unique homes, communication with the appraiser, reconsiderations of value, bracketing and FHA appraisals.

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Appraisal Process Reconsideration of Value Bracketing Final Inspection 88

Riverfront Appraisals

APRIL 30, 2021

Right now on our Appraisal Blog, we’re all about helping Loan Officers. This post is part five of a 12-part series we’re calling The Loan Officer’s Guide to Appraisals. So far in our series, we’ve looked at final inspections, lending on unique homes, communication with the appraiser, and reconsiderations of value.

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Bracketing Reconsideration of Value Final Inspection Appraisal 78

Riverfront Appraisals

MARCH 5, 2021

This post is part three of a 12-part series we recently launched called The Loan Officer’s Guide to Appraisals. In case you missed part one on the Final Inspection process, go back and read it here. The post Loan Officer’s Guide to Appraisals Part 3: Communication With The Appraiser appeared first on Riverfront Appraisals.

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Appraisal Final Inspection Loan Officers Inspection 78

Appraisal Today

AUGUST 18, 2023

Be sure to put in a comment requesting it. == The Future of Property Appraisal: Unveiling the UAD Redesign and New URAR By: McKissock August 15, 2023 At the recent Valuation Expo conference in Las Vegas, Heather Sullivan (Aloft), Ken Defeo (Fannie Mae), and Sean Murphy (Freddie Mac) provided a peek at some of the upcoming changes.

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Appraisal Contracts Inspection Real Estate 75

PennyMac

JUNE 28, 2022

From taxes, to inspection fees, to mortgage fees, you’ll need to make sure each party is paid to fully purchase your home. The agency will use the data from the inspection to plan for flooding emergencies. Lead-Based Paint Inspection. If you’re buying a house built before 1979, you run the risk of lead-based paint in the home.

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Insurance Property Taxes Sellers Inspection 36

McKissock

DECEMBER 28, 2021

The 2022 real estate appraisal term of the year will be “standardization”—of data specifications and measurement standards. Desktop appraisals, with information provided by third-party hirelings, may increase. Housing market trends for 2022. Related reading: Check out our roundup of Housing Market Predictions for 2022.

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Appraisal Reconsideration of Value Real Estate Property Appraisal 96

Appraisal Today

JANUARY 20, 2023

See places in people’s houses that usually require a search warrant to access. Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway.

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Appraisal Contracts Sellers Business 52

Appraisal Today

JUNE 17, 2022

Excerpt: We continue to see claims alleging that the rural property appraiser failed to adequately identify or report details surrounding a water source. In one claim, the appraiser correctly noted that the property was serviced by a “private water well.” No inspections or appraisals? All cash and investors.

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Appraisal Contracts Real Estate Mortgage 52

Appraisal Today

NOVEMBER 20, 2022

Failures to personally inspect and photograph comparables. So, it’s pretty safe to state that the “appraiser shortage” of yesteryear is over, and reviewers now have more time on their hands. Excerpts: Disciplinary complaints against appraisers are becoming more and more common. The housing market will figure it out.

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Appraisal Real Estate Agent Real Estate Contracts 52

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. Non-traditional appraisals to the rescue.

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Appraisal Valuation Inspection Law 358