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Race and the Property Valuation Industry

Appraisal Buzz

The second appraiser could also have been incompetent, resulting in an over valuation of the couple’s property. The property valuation industry has a system for dealing with situations where a home’s appraised value is in dispute; it’s called the review process. Let’s unpack this situation…. an income gap of 60%).

Valuation 370
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The hybrid appraisal is here. Who benefits?

Housing Wire

Its appraisal modernization pilot, which used hybrid appraisals, showed an 18% point reduction in confirmation bias compared with traditional appraisals, which rely on human observations and, as such, potentially could be riddled with overt or subconscious bias. The State of Appraisals in 2022.

Appraisal 401
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Beyond the Hype: Fannie Mae Announcement SEL-2023-02

McKissock

Most important and relevant to appraisers was the first topic, titled “Valuation modernization,” which is an update to the Selling Guide that allows more options for valuation, including alternatives to traditional appraisals. This includes warranty that the property is safe, sound, and structurally secure.

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Beyond the Hype: Fannie Mae Announcement SEL-2023-02

McKissock

Most important and relevant to appraisers was the first topic, titled “Valuation modernization,” which is an update to the Selling Guide that allows more options for valuation, including alternatives to traditional appraisals. This includes warranty that the property is safe, sound, and structurally secure.

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The Intel About Intel’s Columbus, OH Region Move (and Why Your Business Can Flourish Here, Too)

The Robert Weiler Company

But the reality is that Ohio and the Greater Columbus area have long been a mainstay of technological innovation and, certainly, the precursor to the modern digital age. Some of the largest brands include: Nationwide Insurance. Similar terms include “Silicon Prairie.” Take your pick. Honda Research & Development Americas.

Business 147
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Appliances for FHA appraisals

Appraisal Today

An Inside Look at E&O By Peter Christensen Excerpts: There is no law requiring that real estate appraisers must have professional liability insurance – or E&O insurance as it is often called – except in one state. Common fears are that their insurer will increase their premium or decline to renew their policy.

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Nothing New Under the Sun: the varied face of appraisal

Walitt Solutions

However, given current changes in the valuation space, nothing is further from the truth: valuation, specifically the collection of data that supports a valuation method, has never been one-size-fits-all. Are these “other” inspection-and-valuation processes appropriate for lending?