Appraisal Buzz

APRIL 15, 2024

By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD). These codes, or language, make sense to appraisers but confuse uninitiated readers of our reports. It all starts with the standard appraisal forms used in the mortgage process.

Appraisal 397

Appraisal Design Lending Development 397

Housing Wire

MAY 23, 2022

Dan Sullivan of Alaska and Congressman Mike Bost of Illinois, would address a long-standing gripe that VA appraisal requirements are both lengthy and costly. Meanwhile, the Department of Housing and Urban Development (HUD)recently extended its timeline for allowing desktop appraisals for certain transactions impacted by the pandemic.

Law 418

Law Appraisal Modernization Appraisal Process 418

Housing Wire

NOVEMBER 8, 2021

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. At the end of the day, Pascoe says the process is not all that different than purchasing a home with a conventional mortgage.

Clients 411

Clients Agents Buyers Sellers 411

AmeriMac

SEPTEMBER 30, 2023

This blog post will explore the importance of relocation appraisal and its purpose and approach. We’ll also discuss how it differs from mortgage appraisal, specifically designed to facilitate mortgage lending. How is a Relocation Appraisal Different from a Mortgage Appraisal?

Appraisal 36

Appraisal Appraisal Process Real Estate Human Resources 36

Appraisal Today

MARCH 15, 2024

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = This kept appraisers busy. Mortgage rates were 18%+.

Appraisal 68

Appraisal Inspection Modernization Business 68

Appraisal Today

MAY 19, 2023

NOTE: Please scroll down to read the other topics in this long blog post on hybrid appraisals, business tips, UAD info from Freddie, Fannie modernization, non-lender appraisals, unusual homes, mortgage origination stats, etc. = I don’t like marketing either. They pay me, and I email the appraisal to them.

Appraisal 52

Appraisal Business Contracts Real Estate 52

McKissock

DECEMBER 28, 2021

Desktop appraisals, with information provided by third-party hirelings, may increase. Housing market trends for 2022. While 2022 is expected to continue to be a good year for the housing market, it will not be as exceptional as 2021,” predicts Jo Traut, appraisal curriculum and content specialist at McKissock Learning.

Appraisal 96

Appraisal Reconsideration of Value Real Estate Property Appraisal 96