Law Legal Training Valuation 
Housing Wire
MARCH 26, 2024
The changes include communicating to applicants that they have the right to request a reconsideration of value (ROV); explaining why an ROV is denied or the valuation is unchanged; and training its credit, valuation and customer service staff on the topic. But the company hasn’t admitted any fault.
Cleveland Appraisal Blog
JUNE 18, 2022
comparable sales, income, and cost), there are many other elements that may apply based on the statutes, case law, and procedural rules in a given state. As a result, appraisers who have this kind of specialized training can often command hourly rates significantly above those who do not.
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Appraisal Hub
JULY 22, 2020
Some of the best ones are regularly hired by regional companies, financial firms, lenders, and law firms to provide appraisals for their clients, to facilitate legal actions, real estate transactions, and more. Certified appraisers are trained to provide appraisal services for all property types and values. Are you certified?
The Robert Weiler Company
SEPTEMBER 30, 2020
The physical, legal, or economic descriptions of the property are in question. A real estate appraisal review is an excellent tool for a recently conducted commercial appraisal, to check if market comps and other property valuations remain the same. State laws differ, and the reviewer may need more than one license.
AmeriMac
MARCH 15, 2024
One of the key regulatory changes was the implementation of the Home Valuation Code of Conduct (HVCC) in 2009. These guidelines aimed to address concerns about inflated property valuations and the influence of lenders on appraisers. This, in turn, helps protect both lenders and borrowers in the mortgage process.
Raleigh Realty
MARCH 23, 2021
And while that may be enticing, there are many other costs and legal repercussions that are associated with selling a home that will be the full responsibility of the seller if a real estate agent is not involved. Real estate agents have access to various comparative tools and have been trained on how to do this specialized research.
Appraisal Today
JUNE 23, 2023
Attorney Peter Christensen, general counsel at the Christensen Law Firm in Bozeman, Montana, notes that lawsuits against individual residential appraisers, or small residential AMCs, are fairly rare, and successful suits rarer still. When it comes to buying or selling a home, we all need and deserve fair and nondiscriminatory home valuations.
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