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How to Avoid and Respond to Appraisal Board Complaints

McKissock

From accusations of bias or discrimination to failure to disclose significant real property appraisal assistance, it can be really alarming if a licensing board reaches out and notifies you of a complaint. D o notify your E&O insurance carrier right away. Failure to analyze the sales history of the subject property.

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Remote online notarization is the proper path forward for digital closings

Housing Wire

In business, kaizen refers to activities that continuously improve all functions and involve all employees from the top down. One area in the mortgage and real estate industry that has been evolving for nearly two decades is digital closings. In Japan, the word for “improvement” is kaizen. To date, 37 states and U.S.

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Commercial Real Estate Appraisal Review: Essential Handbook to a Necessary and Influential 2nd Opinion

The Robert Weiler Company

Consider the grantor’s position when considering a disbursement for a mixed-use development, conservation easement, or specialty use property. An appraisal review is a second opinion or added insurance for the transaction to ensure the purchase price history, comps, adjustments, and disclaimers are accurate.

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What is a 1031 Exchange? A Beginner’s Guide

Property Metrics

1031 Exchange” is a colloquial reference to Section 1031 of the United States Internal Revenue Code (26 U.S.C 1031 ), which defines the conditions for tax deferral on the sale of real estate. No “Boot” : Boot refers to any non-like kind property received in a 1031 exchange. What is a 1031 Exchange?

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NAR Member Survey on Appraisal Data Collectors

Appraisal Today

When I started in this business long ago, there was no such thing as a licensed appraiser or a certified real property appraiser. Turn down non-lender appraisal requests every week and refer them to good appraisers I have known for many years. (I Most of the inspection training we receive as appraisers happens in the field.

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Fannie Mae Takes A Closer Look at Appraisals

Appraisal Today

From accusations of bias or discrimination to failure to disclose significant real property appraisal assistance, it can be really alarming if a licensing board reaches out and notifies you of a complaint. Failure to analyze the sales history of the subject property. How often do you speak with local real estate agents?