Appraiserblogs

JUNE 22, 2021

In the past year, the appraisal industry has been under attack from various academics who claim “racial bias” on the part of real property appraisers providing appraisal services to lenders who provide home mortgages. On January 4, 2021, the… The post Racial Bias in Real Estate: Is it the Appraisers’ Fault?

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Appraisal Buzz

MARCH 25, 2024

Of course, this applies to the work of real estate appraisal as well. While it’s true that we must consider the empirical evidence, like chemists in a lab, we are not able to rely on natural laws, neatly organizing the component parts on the periodic table. The transaction is a complex interplay between buyer and seller.

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Sellers Appraisal Real Estate Buyers 379

Housing Wire

SEPTEMBER 28, 2023

Kathy Hochul (D) last week signed a bill into law that establishes a flood risk “right to know” for homebuyers. This legislation eliminates the ‘credit provision’ and requires the disclosure of information concerning flood risk, flood history, and flood insurance on real property transactions.” New York Gov.

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Appraiserblogs

FEBRUARY 29, 2024

Should “property data collectors” who inspect properties and provide information to real estate appraisers be licensed by state appraiser boards? HB1663 would establish a license category for property data collectors under the jurisdiction of the Mississippi Real Estate Appraisal Board.

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Law Inspection Real Estate Real Property 116

Housing Wire

MAY 26, 2023

The threat posed by wire fraud has commanded quite a bit of attention from the real estate ecosystem. In a vacant lot or seller impersonation scam, public records are searched to identify real estate that is free of mortgage or other liens, as well as the identity of the property owner. billion, up from $6.9

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Sellers Real Estate Realtors Real Estate Agent 368

Housing Wire

NOVEMBER 9, 2020

One area in the mortgage and real estate industry that has been evolving for nearly two decades is digital closings. To appreciate this improvement to the closing process, you need to understand the various laws that allow for digital closings at different stages of the transaction. To date, 37 states and U.S.

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Law Legal Technology Real Estate 432

The Robert Weiler Company

SEPTEMBER 30, 2020

Unlike a commercial real estate appraisal review, most of the answers from “Facebook experts” are not fact-based; the responses on your social media post will range from beliefs to convictions to opinions. Fortunately, we do not conduct commercial real estate appraisals on social media! Grant Applications.

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Real Estate Appraisal Property Appraisal Valuation 137

Simonson Real Estate

JUNE 22, 2020

Despite these radical changes, the business of America carries on, somehow, some way, including commercial real estate appraisal work. How has COVID-19 affected the appraisal process and the values of the various markets and submarkets of commercial real estate? Please join us on Wednesday, July 15th at 2:30 p.m.,

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Valuation Real Estate Appraisal Retail 146

McKissock

SEPTEMBER 20, 2021

Real estate risk management is an important concern for agents. Real estate agents are commonly sued for breaching their duty to act in the best interests of their client. Article 9 requires all agreements related to real estate transactions to be written, understandable, and contain all obligations of the parties.

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The Robert Weiler Company

SEPTEMBER 18, 2020

Let’s face it, property management is a long-term ordeal, and not everyone has the time to perform real property management – you are not alone. Maintaining and running a property can quickly become overwhelming. If so, they may be signs that you need help from an on-site property manager for hire!

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Cleveland Appraisal Blog

JUNE 23, 2023

Photo by Antonio Quagliata on Pexels.com Additionally, consider the zoning laws and land-use regulations in the area and what category it might fall into based on its specific location. As a real property appraiser, I think these tips can really help if you’re looking to purchase land. What is it for?

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Property Taxes Legal Law Property Appraisal 195

McCarthy Appraisal Blog

SEPTEMBER 4, 2018

How to Choose a Real Estate Appraiser? An appraisal is a professional appraiser’s unbiased and impartial opinion of value based on the condition of the property, prevailing real estate prices and other factors. An independent appraisal sets a benchmark value for your real estate. Call today!

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The Robert Weiler Company

OCTOBER 15, 2021

retail and restaurant headquarters, but the Columbus, OH real estate and job markets have seen remarkable growth, too. As such, there is no better time than now to seek out commercial real estate in Columbus, Ohio. TABLE OF CONTENTS: The Upside (and Downside) of Buying Commercial Property for Sale in Columbus, Ohio.

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Investing Real Estate Tenants Investors 138

Simonson Real Estate

SEPTEMBER 25, 2020

The team at Simonson Appraisals has found that one of the best tools we have to overcome this challenge while continuing to produce reliable and credible appraisals is speaking with owners, lenders and other market participants dealing with the different segments of commercial real estate. Updated 9/8/2020.

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The Robert Weiler Company

JANUARY 2, 2021

In real estate, buyers and sellers must be knowledgeable to make informed decisions. Learn how you, the real estate investor, can avoid the bank and make an agreement directly with the seller. Furthermore, the tenant is responsible for all costs for improving the land, thus, increasing the overall value of the property.

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Contracts Tenants Legal Sellers 143

East Coast Appraisal

OCTOBER 18, 2021

As the seller, you likely want a real estate appraiser who will provide an impartial opinion based on your current home's condition and the prices of other properties in your location. You may want to hire an appraiser who has appraised properties in your location. The real estate industry has many types of appraisers.

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Town & Country Residential Appraisals

JULY 25, 2022

Real estate brokers have real estate sales persons. Real estate appraiser requirements have significantly advanced over the past few decades with increasing educational requirements and a few revisions to the experience process. Plumbers have apprentices. Professors have graduate students.

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Real Estate Training Appraisal Appraisal Process 58

Lamacchia Realty

APRIL 4, 2024

If a person passes away without a will, also known as “dying intestate”, the property in most cases will be transferred to the closest living relatives, but this process can take longer and will require court approval. Joint Ownership – If a property is owned jointly, this means there are several people listed on the deed.

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Tenants Realtors Legal Real Estate 51

McKissock

AUGUST 13, 2021

Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. What is an appraiser expected to analyze and give an opinion on? Written by Steven W.

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McKissock

SEPTEMBER 15, 2020

But it would be a violation of state law or regulation, depending on who set forth the requirement that you have to include your certification or license number and title with your signature. Failure to disclose significant real property appraisal assistance is another common violation. Failure to disclose appraisal assistance.

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Appraisal Property Appraisal Real Property Law 52

McKissock

JULY 24, 2020

Each state has its own set of administrative procedures used to handle disciplinary complaints against licensees of various professions, such as appraisers, real estate agents and broker s, doctors, nurses, accountants, etc. This law is often called the Administrative Procedures Act, but some states call it something different.

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DataMaster

MARCH 17, 2021

Real estate transactions should be bias-free. This Opinion addresses Fair Housing Laws: Avoiding Bias in Real Property Appraisal and Appraisal Review Development Reporting. As most appraisers know, the Appraisal Foundation issued an exposure draft of a complete revision of Advisory Opinion 16 on March 1st.

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Appraisal Inspection Property Appraisal Law 141

McKissock

JUNE 21, 2022

Appraisers should familiarize themselves with their state laws regarding water frontage and related rights, as they can vary from state to state. Among the rights that come with real property ownership is the right to exclude others. Those topics are fodder for other lengthy blog posts all by themselves. Written by Steven W.

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Appraisal Investors Legal Development 88

McKissock

AUGUST 11, 2020

Here are several do’s and don’ts to help you avoid situations that may get you into trouble as a real estate appraiser. Do familiarize yourself with your state’s appraisal laws and rules/regulations. He has been a practicing real property appraiser since 1987, and has been instructing and authoring appraisal courses since 1992.

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Appraisal Today

DECEMBER 2, 2022

In a July 9, 2015, Concept Paper – Alternate Track to the Experience Requirements in the Real Property Appraiser Qualification Criteria, the AQB asked: “Are there practical alternatives for some (or all) of the appraisal experience requirements to include non-appraisal experience?”. Appraisers are real estate reporters.

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Eppraisal

OCTOBER 28, 2021

Seller's Residential Disclosures The seller's residential disclosures that you'll most likely be filling out and signing are: a state residential real property disclosure report, a disclosure of information on radon hazards, a mold disclosure and a lead-based paint disclosure. You simply check "yes," "no" or "not applicable."

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The Robert Weiler Company

SEPTEMBER 7, 2022

Below, we explore why it’s a good idea to buy land in Ohio; the benefits of buying land to build a house or business; and we even detail some alternatives to buying real property… from your couch, if you’re not ready to buy land for sale! Partnering with a commercial real estate firm will streamline your efforts.

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Investing Business Real Estate Buyers 78

DataMaster

MARCH 17, 2021

Real estate transactions should be bias-free. This Opinion addresses Fair Housing Laws: Avoiding Bias in Real Property Appraisal and Appraisal Review Development Reporting. As most appraisers know, the Appraisal Foundation issued an exposure draft of a complete revision of Advisory Opinion 16 on March 1st.

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Appraisal Inspection Property Appraisal Law 78

DataMaster

MARCH 17, 2021

Real estate transactions should be bias-free. This Opinion addresses Fair Housing Laws: Avoiding Bias in Real Property Appraisal and Appraisal Review Development Reporting. As most appraisers know, the Appraisal Foundation issued an exposure draft of a complete revision of Advisory Opinion 16 on March 1st.

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Appraisal Inspection Property Appraisal Law 78

Hood Homes Blog

SEPTEMBER 23, 2019

The Seller’s Disclosure is required by law, but ultimately not very useful Do your own due diligence on a property, including a third party inspection ! Texas Seller’s Disclosure Law. The Seller’s Disclosure is required under Texas State law. SELLER’S DISCLOSURE OF PROPERTY CONDITION.

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Inspection Sellers Agents Law 54

McKissock

DECEMBER 27, 2022

With 2023 just around the corner —and a good deal of uncertainty in the air—we wanted to find out where real estate appraisers plan to focus their efforts and what goals they hope to achieve next year. I hope to become a real property appraiser once my courses are completed.”

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Appraisal Today

APRIL 2, 2023

Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. Richardson, a real estate agent, attorney, and co-founder of Richardson, Ober, DeNichilo.

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Contracts Appraisal HOA Architecture 52

Will Springer Realtor

AUGUST 2, 2022

That’s why it’s critical for a competent real estate professional and title officer to review the title as soon as possible and help identify any potential concerns. EASEMENTS: An irrevocable right to use some part of another person’s real property for a particular purpose.

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Appraisal Today

OCTOBER 27, 2023

Gavin Newsom has signed into law Assembly Bill 1033 on October 11, 2023. This satisfies the affordable housing element,” Al Salguero, real property division manager at the Orange County Assessor’s Office, told the publication. Now, there are state laws. == Are Some Appraisers Actually Making More Money This Year?

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Property Appraisal Appraisal Business Contracts 72

Appraisal Today

JUNE 24, 2022

Appraisers should familiarize themselves with their state laws regarding water frontage and related rights, as they can vary from state to state. Among the rights that come with real property ownership is the right to exclude others. I would not be interested in buying any other real estate now.

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Appraisal Contracts Mortgage Real Estate 52

Appraisal Today

SEPTEMBER 9, 2022

Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that when appraising a real property, an appraiser must: (a) reconcile the quality and quantity of data available and analyzed within the approaches used; and. (b) As usual, in a real estate appraiser’s life, USPAP is always important.

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