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Opinion: The pros and cons of VA modernization bill

Housing Wire

When it comes to offering an opinion of ‘good or bad’ on HR 7735 — the VA modernization bill — and its ultimate ability to create a better appraisal process for veteran and active duty borrowers, it’s simply too early to tell with too little information being shared on exactly what changes we should expect.

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A loan officer’s ultimate guide to appraisal modernization

Housing Wire

However, a year after the GSEs announced new appraisal modernization solutions, as they’re more widely adopted, questions arise. A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. How do the solutions work? Why do we need them? But you already know this.

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Great news! No need for an appraisal. Or is it really??

Town & Country Residential Appraisals

Fannie Mae recently announced in their recent Selling Guide (SEL-2023-02) update that “as part of the valuation modernization” they are transitioning to a “range of options to establish a property’s market value”. Wait a minute… read that again!!! Yes- you read it correctly- “Lender-provided”. How could this go wrong?

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Unlocking the Secrets of Home Values: A Guide to Spring Maintenance

Eppraisal

In this guide, we'll explore the importance of spring maintenance and prioritize tasks that contribute to enhancing your home's value. Inspect for loose or damaged shingles or tiles and address any leaks promptly. A well-maintained roof not only safeguards your property but also maintains or even increases its value.

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Be A Crack Detective

Cleveland Appraisal Blog

So, we will call for an qualified professional to inspect the situation to see what, if anything, needs to be done. It is impossible to know the impact on market value until we know if repairs are needed. Because major structural repairs have a negative impact on market value, we must take this situation seriously. .

Appraisal 235
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USPAP Myths for Appraisers

Appraisal Today

Modern Montauk NY ‘Tree House’ Offers Sweeping Oceanfront Views for $7.5M It’s known as the “Modern Montauk Tree House,” the listing notes. Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Excerpts: 4 Bedrooms, 4.5 baths, 4,000 sq.ft., Chance to really irritate annoying real estate salespeople.

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Zillow Estimates vs. Appraisals: Why Zillow Shouldn’t Be Used for Appraisals

AmeriMac

One of the great things about modern technology is that we’ve never had more information at our fingertips. You can type in any address you want and in a few quick seconds pull up information about the home, see pictures from recent listings and even find its current value… right? Case in point: real estate.