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Appraisal modernization: The times they are a-changin’

Clear Capital

Unfortunately, several myths and misconceptions around appraisal modernization persist, resulting in many within our field being unable to move forward and embrace needed change. . A primary example of one of these mistaken beliefs is that modernization efforts will diminish an appraiser’s importance.

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PAVE Task Force Releases Recommendations to Promote Valuation Equity

McKissock

These recommendations include: Clarify the application of the Fair Housing Act and ECOA to the appraisal industry to ensure appraisers have clear guidance on antidiscrimination obligations under current federal laws. Define metrics that can help to identify and measure patterns of mis-valuation in the property valuation process.

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Overhauling the Appraisal Process

DataMaster

The RFI contains 4 components: The Uniform Appraisal Dataset (UAD) and the design of appraisal forms Automated Valuation Models (AVMs) and appraisal waivers Valuation differences by borrower and neighborhood ethnic makeup Appraisal modernization. Appraisal Modernization. Change is the law of life. The Detractors. Change is Good!

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What Do I Need to Know About Lead Paint in a Home?

Lamacchia Realty

Another big issue with lead paint is that even if you paint over it with modern paint, the risk is not eliminated. It is federal law; the Property Transfer Lead Paint Notification must be presented before the sale of a home if it was built before 1978. It can still vaporize and be inhaled through non-lead-based paints.

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Driving Toward Vehicle Charging Capabilities for the Home

Will Springer Realtor

Additionally, the Washington Legislature budgeted $103M in public charging infrastructure in 2022 – all while the state passed a law last year that bans the sale of new gas-powered vehicles by 2030. All fuel-powered forms of transportation – yes, planes, trains and automobiles – contribute about 27% of the country’s greenhouse gas emissions.

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Why Appraisal Workfiles Are Important

Appraisal Today

Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. They alleged that the appraiser had taken into account their race in his valuation of their home in violation of the federal Fair Housing Act and other laws prohibiting discrimination.

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6 best Georgia real estate schools for 2024

Housing Wire

Kaplan students appreciate how the videos are complemented by text-based content to reinforce key concepts, including the Modern Real Estate Practice textbook, which is recommended by the National Testing Services. Modern Real Estate Practice Prelicensing Package $299 Required 75 hrs. of coursework. of coursework. of coursework.